Micronesia, Federated States of vs Somalia: Bank nonperforming loans to total gross loans
Bank nonperforming loans to total gross loans over time
- Micronesia, Federated States of
- Somalia
How they compare
Micronesia, Federated States of currently reports 2.8% against 2.6% in Somalia, a difference of 0.2%.
The two have swapped places 1 time across 7 shared years of data; in 2018 it was Somalia ahead.
Micronesia, Federated States of ranks 89th and Somalia ranks 91st of 151 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.2% | 2.9% | 1.7% | Somalia |
| 2020s | 1.6% | 2.5% | 0.9% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank nonperforming loans to total gross loans, Micronesia, Federated States of or Somalia?
- Micronesia, Federated States of, at 2.8% against 2.6% in Somalia as of 2024.
- What is the difference in bank nonperforming loans to total gross loans between Micronesia, Federated States of and Somalia?
- 0.2%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Somalia?
- 7 years are reported by both, from 2018 to 2024.
- How do Micronesia, Federated States of and Somalia rank globally for bank nonperforming loans to total gross loans?
- Micronesia, Federated States of ranks 89th and Somalia ranks 91st of 151 countries.
- Where does this data come from?
- Financial Soundness Indicators, International Monetary Fund (IMF), published as Bank nonperforming loans to total gross loans (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.