Non-performing loans reached 21.0 CHF bil in 2009 in Switzerland, according to the National Central Bank. This is 5.59 % more than in the previous year.
Historically, non-performing loans in Switzerland reached an all time high of 24.9 CHF bil in 2005 and an all time low of 14.6 CHF bil in 2014. When compared to Switzerland's main peers, non-performing loans in Austria amounted to 9.72 EUR bil, 77.2 EUR bil in France and 164 EUR bil in Italy in 2009.
Switzerland has been ranked 43rd within the group of 80 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.