Papua New Guinea: Non-performing loans
* indicates monthly or quarterly data series
| Papua New Guinea |
Non-performing loans as percent of all bank loans |
|---|---|
| Latest value | 6.16 |
| Reference | 2021 |
| Measure | percent |
| Source | The World Bank |
For that indicator, we provide data for Papua New Guinea from 2008 to 2021. The average value for Papua New Guinea during that period was 2.94 percent with a minimum of 1.78 percent in 2008 and a maximum of 6.16 percent in 2021.
The latest value from 2021 is 6.16 percent. For comparison, the world average in 2021 based on 113
countries is 6.05 percent.
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* indicates monthly or quarterly data series
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The percent non-performing loans in Papua New Guinea 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 Papua New Guinea 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.