Bank nonperforming loans to total gross loans (%) in Micronesia (country)
Micronesia (country): Bank nonperforming loans to total gross loans (%) was 2.8% in 2024. ◆ Volatile
Bank nonperforming loans to total gross loans in Micronesia (country), 2013–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Micronesia (country) recorded 2.8% for bank nonperforming loans to total gross loans in 2024.
The figure is up 60.1% on the previous year and up 7.9% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Micronesia (country) peaked at 3.8% in 2016 and was at its lowest, 0.5%, in 2015.
That places Micronesia (country) 89th out of 151 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank nonperforming loans to total gross loans (%) in Micronesia (country), year by year
| Year | % | Change |
|---|---|---|
| 2013 | 0.8% | — |
| 2014 | 2.6% | +229.7% |
| 2015 | 0.5% | -80.5% |
| 2016 | 3.8% | +667.2% |
| 2017 | 1.4% | -63.1% |
| 2018 | 1.2% | -14.1% |
| 2019 | 1.2% | +2.9% |
| 2020 | 0.6% | -52.0% |
| 2021 | 1.3% | +113.2% |
| 2022 | 1.4% | +12.0% |
| 2023 | 1.7% | +20.8% |
| 2024 | 2.8% | +60.1% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 2.8% is below the median for upper middle income countries, which is 3.5%, 78% of the median. (48 countries reporting)
- Micronesia (country)'s 2.8% is below the median for East Asia & Pacific, which is 2.9%, 95% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.6% | 0.5% | 3.8% | 7 |
| 2020s | 1.6% | 0.6% | 2.8% | 5 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Micronesia (country)?
- Bank nonperforming loans to total gross loans in Micronesia (country) was 2.8% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Micronesia (country)?
- The highest recorded value was 3.8% in 2016.
- What is the lowest bank nonperforming loans to total gross loans recorded in Micronesia (country)?
- The lowest recorded value was 0.5% in 2015.
- How does Micronesia (country) rank for bank nonperforming loans to total gross loans?
- Micronesia (country) ranks 89th out of 151 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Micronesia (country)?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) 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.