Non-performing loans reached 75.7 ISK bil in 2017 in Iceland, according to the National Central Bank. This is 24.4 % less than in the previous year.
Historically, non-performing loans in Iceland reached an all time high of 139 ISK bil in 2015 and an all time low of 75.7 ISK bil in 2017. When compared to Iceland's main peers, non-performing loans in Denmark amounted to 103 DKK bil and 103 SEK bil in Sweden in 2017.
Iceland has been ranked 41st within the group of 90 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.