Non-performing loans reached 16.8 USD bil in 2017 in Turkey, according to the National Central Bank. This is 2.4 % more than in the previous year.
Historically, non-performing loans in Turkey reached an all time high of 16.8 USD bil in 2017 and an all time low of 9.14 USD bil in 2008. When compared to Turkey's main peers, non-performing loans in Bulgaria amounted to 5.08 USD bil and 124 USD bil in Greece in 2017.
Turkey has been ranked 14th 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.