Non-performing loans reached 0.370 USD bil in 2017 in Macedonia, according to the National Central Bank. This is 16.5 % more than in the previous year.
Historically, non-performing loans in Macedonia reached an all time high of 0.598 USD bil in 2013 and an all time low of 0.091 USD bil in 1999. When compared to Macedonia's main peers, non-performing loans in Albania amounted to 0.716 USD bil, 5.08 USD bil in Bulgaria, 124 USD bil in Greece and 0.091 USD bil in Kosovo in 2017.
Macedonia has been ranked 50th within the group of 79 countries we follow in terms of non-performing loans, 10 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.