Non-performing loans reached 2.02 PAB bil in 2017 in Panama, according to the National Central Bank. This is 22.9 % more than in the previous year.
Historically, non-performing loans in Panama reached an all time high of 2.02 PAB bil in 2017 and an all time low of 0.869 PAB bil in 2011. When compared to Panama's main peers, non-performing loans in Colombia amounted to 19,258 COP bil, 447 CRC bil in Costa Rica and 7.32 HNL bil in Honduras in 2017.
Panama has been ranked 75th 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.