Non-performing loans reached 8.74 USD bil in 2017 in South Africa, according to the National Central Bank. This is 12.9 % more than in the previous year.
Historically, non-performing loans in South Africa reached an all time high of 20.3 USD bil in 2010 and an all time low of 7.23 USD bil in 2015. When compared to South Africa's main peers, non-performing loans in Botswana amounted to 0.290 USD bil, 0.023 USD bil in Lesotho and 0.183 USD bil in Namibia in 2017.
South Africa has been ranked 18th 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.