Non-performing loans reached 2.46 MVR bil in 2017 in Maldives, according to the National Central Bank. This is 13 % more than in the previous year.
Historically, non-performing loans in Maldives reached an all time high of 3.37 MVR bil in 2012 and an all time low of 2.18 MVR bil in 2016. When compared to Maldives's main peers, non-performing loans in India amounted to 9,058 INR bil, 123,023 IDR bil in Indonesia and 161 SKR bil in Sri Lanka in 2017.
Maldives has been ranked 72nd 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.