Nigeria Non Performing Loans Ratio

Nigeria Non Performing Loans Ratio stood at 11.4 % in Dec 2018, compared with the ratio of 14.8 % in the previous year. Nigeria Non Performing Loans Ratio data is updated yearly, available from Dec 2003 to Dec 2018. The data reached an all-time high of 37.3 % in Dec 2009 and a record low of 3.0 % in Dec 2014. Non Performing Loans are defined as interest or principal that is due and unpaid for 90 days or more, as well as interest payments equal to 90 days interest or more that have been capitalised, rescheduled or rolled over into a new loan.

In the latest reports, Money Supply M2 in Nigeria increased 28.3 % YoY in Oct 2020. Nigeria Foreign Exchange Reserves was measured at 35.7 USD bn in Oct 2020. The Foreign Exchange Reserves equaled 10.9 Months of Import in Aug 2020. The country's Domestic Credit reached 104.1 USD bn in Oct 2020, representing an increased of 13.1 % YoY.

View Nigeria's Non Performing Loans Ratio from 2003 to 2018 in the chart:

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What was Nigeria's Non Performing Loans Ratio in 2018?

Non Performing Loans Ratio by Country Comparison

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