Micronesia - Bank nonperfoming loans to total gross loans
Bank nonperforming loans to total gross loans (%)
Bank nonperforming loans to total gross loans (%) in Micronesia was 0.13 as of 2020. Its highest value over the past 7 years was 1.08 in 2016, while its lowest value was 0.13 in 2020.
Definition: Bank nonperforming loans to total gross loans are the value of nonperforming loans divided by the total value of the loan portfolio (including nonperforming loans before the deduction of specific loan-loss provisions). The loan amount recorded as nonperforming should be the gross value of the loan as recorded on the balance sheet, not just the amount that is overdue.
Source: International Monetary Fund, Global Financial Stability Report.
See also:
| Year | Value |
|---|---|
| 2013 | 0.21 |
| 2014 | 0.66 |
| 2015 | 0.17 |
| 2016 | 1.08 |
| 2017 | 0.35 |
| 2018 | 0.31 |
| 2019 | 0.33 |
| 2020 | 0.13 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Assets
