Non-performing loans reached 11,600 JPY bil in 2010 in Japan, according to the National Central Bank. This is 0.855 % less than in the previous year.
Historically, non-performing loans in Japan reached an all time high of 43,200 JPY bil in 2001 and an all time low of 11,400 JPY bil in 2007. When compared to Japan's main peers, non-performing loans in China amounted to 434 CNY bil, 1,873 RUB bil in Russia, 7,306 KRW bil in South Korea and 369 USD bil in USA in 2010.
Japan has been ranked 3rd within the group of 102 countries we follow in terms of non-performing loans, 2 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.