Non-performing loans reached 4.15 USD bil in 2011 in Serbia, according to the National Central Bank. This is 20.6 % more than in the previous year.
Historically, non-performing loans in Serbia reached an all time high of 6.93 USD bil in 2000 and an all time low of 0.400 USD bil in 2001. When compared to Serbia's main peers, non-performing loans in Bosnia and Herzegovina amounted to 1.15 USD bil, 6.24 USD bil in Croatia, 10.2 USD bil in Hungary and 9.42 USD bil in Romania in 2011.
Serbia has been ranked 38th within the group of 95 countries we follow in terms of non-performing loans, 24 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.