Non-performing loans reached 5.15 USD bil in 2017 in Mexico, according to the National Central Bank. This is 14.6 % more than in the previous year.
Historically, non-performing loans in Mexico reached an all time high of 7.80 USD bil in 2013 and an all time low of 1.97 USD bil in 2005. When compared to Mexico's main peers, non-performing loans in Guatemala amounted to 0.551 USD bil, 0.312 USD bil in Honduras and 116 USD bil in USA in 2017.
Mexico has been ranked 22nd within the group of 79 countries we follow in terms of non-performing loans, 4 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.