Non-performing loans reached 2.56 USD bil in 2017 in Philippines, according to the National Central Bank. This is 7.6 % more than in the previous year.
Historically, non-performing loans in Philippines reached an all time high of 2.56 USD bil in 2017 and an all time low of 1.84 USD bil in 2011. When compared to Philippines's main peers, non-performing loans in China amounted to 262 USD bil and 9.08 USD bil in Indonesia in 2017.
Philippines has been ranked 32nd 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.