Non-performing loans as a share of bank loans reached 1.58% in 2023 in Iceland, according to the National Central Bank. This is 12.8% more than in the previous year.
Historically, non-performing loans as a share of bank loans in Iceland reached an all time high of 5.85% in 2015 and an all time low of 1.40% in 2022.
Iceland has been ranked 79th within the group of 103 countries we follow in terms of non-performing loans as a share of bank loans.
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