Non-performing loans reached 12.1 USD bil in 2017 in Canada, according to the National Central Bank. This is 12.6 % less than in the previous year.
Historically, non-performing loans in Canada reached an all time high of 19.7 USD bil in 2010 and an all time low of 4.45 USD bil in 2006. When compared to Canada's main peers, non-performing loans in Mexico amounted to 5.15 USD bil and 116 USD bil in USA in 2017.
Canada has been ranked 16th within the group of 79 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.