Monaco: Non-performing loans as percent of all bank loans
For that indicator, we provide data for Monaco from 2010 to 2019. The average value for Monaco during that period was 0.21 percent with a minimum of 0.09 percent in 2013 and a maximum of 0.39 percent in 2010.
The latest value from 2019 is 0.24 percent. For comparison, the world average in 2019 based on 100
countries is 6.01 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The percent non-performing loans in Monaco reflects the health of the banking system. A higher percent of such loans shows that banks have difficulty collecting interest and principal on their credits. That may lead to less profits for the banks in Monaco and, possibly, bank closures.
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.