Bhutan's bank nonperforming loans to total gross loans (%) was 2.22% in 2024, the latest year in the World Bank's World Development Indicators. That is down 4.53 percentage points from 6.75% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.22% | 2024 |
| Five years earlier | 8.45% | 2019 |
| Ten years earlier | 6.75% | 2014 |
| Highest | 11.69% | 2020 |
| Lowest | 2.22% | 2024 |
| Average since 2015 | 6.37% | 2015–2024 |
| First recorded | 5.21% | 2010 |
What the numbers say
In 2024, Bhutan's bank nonperforming loans to total gross loans (%) fell 0.16 percentage points on 2023 (from 2.38% to 2.22%).
Across the 13 yearly changes before that (2011 to 2023), the average change was −0.22 percentage points and a typical year strayed about 2.26 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 3.24 percentage points in 2020 and the biggest yearly fall was 4.96 percentage points in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.59 percentage points a year. A straight line explains 35% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bhutan had the 28th highest value of the 35 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Bhutan in the 2024 ranking
- Trinidad and Tobago — 24th of 35: 2.85%
- Thailand — 25th of 35: 2.82%
- Micronesia, Fed. Sts. — 26th of 35: 2.77%
- France — 28th of 35: 2.09%
- El Salvador — 29th of 35: 1.71%
- Türkiye — 30th of 35: 1.65%
What this measures
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.
Limitations: Reporting countries compile the data using different methodologies, which may also vary for different points in time for the same country. Users are advised to consult the accompanying metadata on the IMF FSI website (data.imf.org) to conduct more meaningful cross-country comparisons or to assess the evolution of the indicator for any of the countries.
Regional and income-group figures are computed by the World Bank as a ratio of non-performing/total loan portfolio.
All 15 values
| Year | Bank nonperforming loans to total gross loans (%) |
|---|---|
| 2024 | 2.22 |
| 2023 | 2.38 |
| 2022 | 2.98 |
| 2021 | 6.74 |
| 2020 | 11.69 |
| 2019 | 8.45 |
| 2018 | 7.03 |
| 2017 | 8.42 |
| 2016 | 7.19 |
| 2015 | 6.6 |
| 2014 |
Bank nonperforming loans to total gross loans (%) in nearby economies
- Bangladesh — 18.96% (2024)
- India — 2.06% (2025)
- Maldives — 5.69% (2025)
- Nepal — 5.15% (2025)
- Sri Lanka — 9.87% (2025)
More financial sector data for Bhutan
- DEC alternative conversion factor (LCU per US$) — US$87.16 (2025)
- Official exchange rate (LCU per US$, period average) — US$87.16 (2025)
- GDP deflator (base year varies by country) — 140.94 (2025)
- Inflation, GDP deflator (annual % growth) — 3.16% (2025)
- Consumer price index (2010 = 100) — 225.79 (2025)
- Inflation, consumer prices (annual % growth) — 3.56% (2025)
- Deposit interest rate (%) — 4.5% (2025)
- Lending interest rate (%) — 11.76% (2025)
- Interest rate spread (lending rate minus deposit rate, %) — 7.26% (2025)
- Real interest rate (%)
Reading data like this
Questions people ask
- What is Bhutan's bank nonperforming loans to total gross loans (%)?
- 2.22% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is down 2.99 percentage points from 5.21% in 2010. The highest value was 11.69% in 2020 and the lowest 2.22% in 2024.
- How does Bhutan rank?
- 28th highest of 35 economies with data for 2024.
- Is the latest change in bank nonperforming loans to total gross loans (%) unusual for Bhutan?
- In 2024, Bhutan's bank nonperforming loans to total gross loans (%) fell 0.16 percentage points on 2023 (from 2.38% to 2.22%). Across the 13 yearly changes before that (2011 to 2023), the average change was −0.22 percentage points and a typical year strayed about 2.26 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FB.AST.NPER.ZS, licensed CC BY 4.0. Original source: Financial Soundness Indicators, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF:EXTERNAL_DATASET_CARDS/IMF.STA:LFSI Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in