Bank nonperforming loans to total gross loans in Equatorial Guinea
Equatorial Guinea: Bank nonperforming loans to total gross loans was 31.1% in 2023. ◆ Volatile
Bank nonperforming loans to total gross loans in Equatorial Guinea, 2010–2023
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
In 2023, bank nonperforming loans to total gross loans in Equatorial Guinea stood at 31.1%.
Compared with earlier readings it is down 43.8% on the previous year and up 54.7% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Equatorial Guinea peaked at 55.4% in 2022 and was at its lowest, 4.4%, in 2011.
That places Equatorial Guinea 2nd out of 150 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Bank nonperforming loans to total gross loans in Equatorial Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 4.7% | — |
| 2011 | 4.4% | -6.4% |
| 2012 | 5.8% | +30.6% |
| 2013 | 20.1% | +249.0% |
| 2014 | 19.7% | -2.0% |
| 2015 | 17.7% | -10.3% |
| 2016 | 25.1% | +41.8% |
| 2017 | 27.5% | +9.7% |
| 2018 | 36.9% | +34.1% |
| 2019 | 49.1% | +32.9% |
| 2020 | 52.2% | +6.5% |
| 2021 | 55.1% | +5.4% |
| 2022 | 55.4% | +0.6% |
| 2023 | 31.1% | -43.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.1% | 4.4% | 49.1% | 10 |
| 2020s | 48.5% | 31.1% | 55.4% | 4 |
Countries ranked near Equatorial Guinea
More financial sector data for Equatorial Guinea
- Net domestic credit (current LCU), per capita 875,520 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 117.47 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 29.97 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 799.10 million SDR (2024)
- Reserves excluding gold 825.69 million SDR (2024)
- Total reserves (gold at market value) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) 825.69 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 436.29 SDR per person (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Equatorial Guinea?
- Bank nonperforming loans to total gross loans in Equatorial Guinea was 31.1% in 2023, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Equatorial Guinea?
- The highest recorded value was 55.4% in 2022.
- What is the lowest bank nonperforming loans to total gross loans recorded in Equatorial Guinea?
- The lowest recorded value was 4.4% in 2011.
- How does Equatorial Guinea rank for bank nonperforming loans to total gross loans?
- Equatorial Guinea ranks 2nd out of 150 countries with data for 2023.
- Is bank nonperforming loans to total gross loans rising or falling in Equatorial Guinea?
- Over the last ten years it is up 54.7%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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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.