Non-performing loans reached 1.27 NIO bil in 2016 in Nicaragua, according to the National Central Bank. This is 14.4 % more than in the previous year.
Historically, non-performing loans in Nicaragua reached an all time high of 1.70 NIO bil in 2013 and an all time low of 0.958 NIO bil in 2010. When compared to Nicaragua's main peers, non-performing loans in Costa Rica amounted to 313 CRC bil, 0.252 SVC bil in El Salvador, 8.23 HNL bil in Honduras and 93.2 MXN bil in Mexico in 2016.
Nicaragua has been ranked 88th within the group of 100 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.