Non-performing loans reached 124 USD bil in 2017 in Greece, according to the National Central Bank. This is 40.3 % more than in the previous year.
Historically, non-performing loans in Greece reached an all time high of 124 USD bil in 2017 and an all time low of 10.8 USD bil in 2008. When compared to Greece's main peers, non-performing loans in Albania amounted to 0.716 USD bil, 5.08 USD bil in Bulgaria, 0.370 USD bil in Macedonia and 16.8 USD bil in Turkey in 2017.
Greece has been ranked 4th within the group of 79 countries we follow in terms of non-performing loans, 8 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.