Non-performing loans reached 2.02 USD bil in 2017 in Panama, according to the National Central Bank. This is 22.9 % more than in the previous year.
Historically, non-performing loans in Panama reached an all time high of 2.02 USD bil in 2017 and an all time low of 0.869 USD bil in 2011. When compared to Panama's main peers, non-performing loans in Colombia amounted to 6.48 USD bil, 0.784 USD bil in Costa Rica and 0.312 USD bil in Honduras in 2017.
Panama has been ranked 35th within the group of 79 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.