Non-performing loans reached 31.7 EUR bil in 2017 in Ireland, according to the National Central Bank. This is 18.6 % less than in the previous year.
Historically, non-performing loans in Ireland reached an all time high of 115 EUR bil in 2012 and an all time low of 3.22 EUR bil in 2005. When compared to Ireland's main peers, non-performing loans in Canada amounted to 15.2 CAD bil and 75.7 ISK bil in Iceland in 2017.
Ireland has been ranked 49th within the group of 90 countries we follow in terms of non-performing loans, 8 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.