Non-performing loans reached 143 USD bil in 2010 in Japan, according to the National Central Bank. This is 13.7 % more than in the previous year.
Historically, non-performing loans in Japan reached an all time high of 328 USD bil in 2001 and an all time low of 101 USD bil in 2006. When compared to Japan's main peers, non-performing loans in China amounted to 65.8 USD bil, 61.3 USD bil in Russia, 6.49 USD bil in South Korea and 369 USD bil in USA in 2010.
Japan has been ranked 4th within the group of 92 countries we follow in terms of non-performing loans, 3 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.