Non-performing loans reached 116 USD bil in 2017 in USA, according to the National Central Bank. This is 10.3 % less than in the previous year.
Historically, non-performing loans in USA reached an all time high of 481 USD bil in 2009 and an all time low of 58.4 USD bil in 1994. When compared to USA's main peers, non-performing loans in Canada amounted to 12.1 USD bil, 262 USD bil in China and 5.15 USD bil in Mexico in 2017.
USA has been ranked 6th within the group of 89 countries we follow in terms of non-performing loans, 4 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.