Non-performing loans as a share of bank loans fell 9.23% yoy to 1.98% in Mexico in 2Q2024, according to the National Central Bank. This is 0.930% less than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Mexico reached an all time high of 3.84% in 2Q2009 and an all time low of 1.67% in 1Q2006.
Mexico has been ranked 44th within the group of 62 countries we follow in terms of non-performing loans as a share of bank loans, 31 places above the position seen 10 years ago.
Non-Performing Loans (As % of Total Loans) | Unit | 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 | Sep 2024 |
Belize | % | 4.52% | 3.87% | 4.04% | 3.94% | 3.77% | ... | |||||||||||||||
Canada | % | 0.353% | 0.374% | 0.400% | 0.454% | 0.480% | ... | |||||||||||||||
China | % | ... | ... | ... | 1.61% | ... | ... | ... | ... | |||||||||||||
El Salvador | % | 1.80% | 1.84% | 1.87% | 1.77% | 1.85% | ... | |||||||||||||||
Guatemala | % | 1.35% | 1.53% | 1.64% | 1.75% | 2.12% | ||||||||||||||||
Honduras | % | 2.23% | 2.34% | ... | ... | ... | ... | ... | ||||||||||||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | 1.19% | ... | 1.20% | ... | 1.28% | ... | ... | |||||||
Mexico | % | 2.09% | 2.18% | 2.15% | 2.08% | 2.00% | ... | |||||||||||||||
Nicaragua | % | 1.36% | 1.26% | 1.24% | 1.52% | ... | ... | ... | ||||||||||||||
USA | % | 0.730% | 0.737% | 0.803% | 0.847% | 0.896% | ... | ... |