Non-performing loans reached 11.0 USD bil in 2016 in Australia, according to the National Central Bank. This is 10.7 % more than in the previous year.
Historically, non-performing loans in Australia reached an all time high of 31.9 USD bil in 2010 and an all time low of 2.57 USD bil in 2005. When compared to Australia's main peers, non-performing loans in Indonesia amounted to 9.54 USD bil, 5.46 USD bil in Malaysia and 0.137 USD bil in Papua New Guinea in 2016.
Australia has been ranked 17th within the group of 90 countries we follow in terms of non-performing loans, 2 places above the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.