
Trinidad and Tobago: Non-performing loans
* indicates monthly or quarterly data series
| Trinidad and Tobago |
Non-performing loans as percent of all bank loans |
|---|---|
| Latest value | 2.85 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2008 - 2024 |
| Average | 3.73 |
| Min - Max | 2.45 - 6.11 |
| Source | The World Bank |
The latest value from 2024 is 2.85 percent, an increase from 2.8 percent in 2023. In comparison, the world average is 4.54 percent, based on data from 126 countries. Historically, the average for Trinidad and Tobago from 2008 to 2024 is 3.73 percent. The minimum value, 2.45 percent, was reached in 2008 while the maximum of 6.11 percent was recorded in 2011.
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* indicates monthly or quarterly data series
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The percent non-performing loans in Trinidad and Tobago 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 Trinidad and Tobago and, possibly, bank closures.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 5.06 | 2020 | interest rate points |
| Bank cost to income ratio | 60.36 | 2021 | percent |
| Non-performing loans | 2.85 | 2024 | percent |
| Bank overhead cost | 2.66 | 2021 | percent |
| Net interest margin | 4.04 | 2021 | percent |
| Bank credit to deposits | 59.93 | 2021 | percent |
| Regulatory capital to risk-weighted assets | 17.05 | 2020 | percent |
| Return on assets | 1.64 | 2021 | percent |
| Return on equity | 9.53 | 2021 | percent |
| Banking system z-scores | 21.36 | 2021 | index points |
| Liquid assets to deposits | 39.55 | 2021 | percent |
| Banking system capital to assets | 11.85 | 2020 | percent |
| Non-interest income to total income | 36.65 | 2021 | percent |
| Lending interest rate | 7.50 | 2024 | percent |
| Real interest rate | 7.64 | 2024 | percent |
| Legal rights | 7.00 | 2019 | points |
| Credit information sharing | 6.00 | 2019 | points |