Nigeria - Bank nonperfoming loans to total gross loans

Bank nonperforming loans to total gross loans (%)

Bank nonperforming loans to total gross loans (%) in Nigeria was 6.02 as of 2020. Its highest value over the past 13 years was 37.25 in 2009, while its lowest value was 2.96 in 2014.

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
2007 9.50
2008 7.19
2009 37.25
2010 20.14
2011 5.77
2012 3.71
2013 3.39
2014 2.96
2015 4.86
2016 12.82
2017 14.81
2018 11.67
2019 6.03
2020 6.02

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets