Non-performing loans reached 1.66 USD bil in 2017 in Argentina, according to the National Central Bank. This is 29.4 % more than in the previous year.
Historically, non-performing loans in Argentina reached an all time high of 7.42 USD bil in 2001 and an all time low of 1.13 USD bil in 2015. When compared to Argentina's main peers, non-performing loans in Bolivia amounted to 0.371 USD bil and 4.96 USD bil in Chile in 2017.
Argentina has been ranked 37th within the group of 79 countries we follow in terms of non-performing loans, 16 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.