Non-performing loans as a share of bank loans fell 4.02% yoy to 1.56% in China in 2Q2024, according to the National Central Bank. This is 2.00% less than in the previous quarter.
Historically, non-performing loans as a share of bank loans in China reached an all time high of 1.96% in 3Q2020 and an all time low of 1.50% in 2Q2015.
China has been ranked 63rd within the group of 80 countries we follow in terms of non-performing loans as a share of bank loans, 63 places below the position seen 10 years ago.
Non-Performing Loans (As % of Total Loans) | Unit | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Bangladesh | % | 8.72% | 9.24% | 10.5% | 10.5% | 9.57% | ... | ... | ||||||||||||||
Canada | % | 0.334% | 0.353% | 0.374% | 0.400% | 0.454% | ||||||||||||||||
China | % | 1.63% | 1.62% | 1.62% | 1.61% | 1.59% | ||||||||||||||||
Germany | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.23% | 1.22% | 1.27% | 1.31% | 1.54% | ||
India | % | 4.81% | 4.25% | 4.09% | 3.64% | 1.72% | ... | ... | ||||||||||||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | ... | 1.19% | ... | 1.20% | ... | ... | ||||||||
Mexico | % | 2.08% | 2.09% | 2.18% | 2.15% | 2.08% | ||||||||||||||||
Pakistan | % | 6.54% | 6.75% | 6.49% | 6.65% | 6.63% | ||||||||||||||||
Russia | % | 5.51% | 5.41% | 5.33% | ... | ... | ... | ... | ||||||||||||||
South Korea | % | 0.242% | 0.261% | 0.260% | ... | ... | ... | ... | ||||||||||||||
Sri Lanka | % | 12.0% | 13.2% | 13.8% | 13.8% | ... | ... | ... | ||||||||||||||
USA | % | 0.716% | 0.730% | 0.737% | 0.803% | 0.847% | ... |