Non-performing loans reached 1.16 USD bil in 2007 in Luxembourg, according to the National Central Bank. This is 62.7 % more than in the previous year.
Historically, non-performing loans in Luxembourg reached an all time high of 1.16 USD bil in 2007 and an all time low of 0.715 USD bil in 2006.
Luxembourg has been ranked 27th within the group of 53 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.