Non-performing loans reached 18.9 MKD bil in 2017 in Macedonia, according to the National Central Bank. This is 1.98 % more than in the previous year.
Historically, non-performing loans in Macedonia reached an all time high of 30.1 MKD bil in 2015 and an all time low of 5.48 MKD bil in 1999. When compared to Macedonia's main peers, non-performing loans in Albania amounted to 79.5 ALL bil, 8.29 BGN bil in Bulgaria, 104 EUR bil in Greece and 0.076 EUR bil in Kosovo in 2017.
Macedonia has been ranked 60th within the group of 95 countries we follow in terms of non-performing loans, 28 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.