Non-performing loans reached 0.501 PGK bil in 2017 in Papua New Guinea, according to the National Central Bank. This is 15.5 % more than in the previous year.
Historically, non-performing loans in Papua New Guinea reached an all time high of 0.501 PGK bil in 2017 and an all time low of 0.152 PGK bil in 2010. When compared to Papua New Guinea's main peers, non-performing loans in Australia amounted to 26.0 AUD bil, 123,023 IDR bil in Indonesia and 128 PHP bil in Philippines in 2017.
Papua New Guinea has been ranked 89th within the group of 95 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.