Costa Rica Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
Costa Rica's non-performing loans was 1.76% in 2025, ranked 85th globally. This represents a 10.3% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Costa Rica's non-performing loans stood at 1.76% in 2025, a decline of +0.20pp from 2023. Based on recent trends, this figure is projected to reach 1.76% by 2025. Costa Rica ranked 85th globally.
Costa Rica’s non‑performing loan ratio stood at 1.76 % in 2025, placing the country 85th in the world and matching France’s level for the same year. The indicator has risen modestly from its 2008 trough of 1.54 % to an all‑time peak of 2.41 % in 2020, a spike that reflected heightened credit stress during the global pandemic. Since then, the ratio has gradually retreated, falling by 0.65 percentage points over five years as banks tightened underwriting standards and borrowers benefitted from fiscal support measures. Over the 17‑year coverage period, Costa Rica’s trajectory has been less volatile than that of Chile (1.81 % in 2025) and Malaysia (1.80 % in 2025), suggesting a comparatively disciplined credit environment. Continued macro‑economic stability, coupled with prudent loan‑loss provisioning, will be essential to sustain the downward trend and prevent a resurgence of non‑performing assets.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 1.64% | - | - |
| 2025* trend | 1.76% | - | - |
| 2025 | 1.76% | −0.20pp | #85 |
| 2023 | 1.96% | −0.14pp | #34 |
| 2022 | 2.11% | −0.15pp | #41 |
| 2021 | 2.26% | −0.16pp | #46 |
| 2020 | 2.41% | +0.02pp | #43 |
| 2019 | 2.40% | +0.28pp | #46 |
| 2018 | 2.12% | +0.06pp | #34 |
| 2017 | 2.05% | +0.50pp | #32 |
| 2016 | 1.55% | −0.11pp | #20 |
| 2015 | 1.66% | +0.11pp | #26 |
| 2014 | 1.55% | −0.20pp | #19 |
| 2013 | 1.75% | +0.00pp | #22 |
| 2012 | 1.75% | −0.07pp | #20 |
| 2011 | 1.82% | −0.04pp | #18 |
| 2010 | 1.86% | −0.20pp | #16 |
Detected Pattern
Analysis
Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
Costa Rica's non-performing loans was 1.76% in 2025. Ranked 85th globally. This represents a 10.3% decrease from the previous year.
Costa Rica's non-performing loans peaked at 2.41% in 2020.
The lowest non-performing loans in Costa Rica was 1.54% in 2008.
Costa Rica ranks 85th globally in non-performing loans as of 2025.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
Costa Rica's non-performing loans is projected to reach 1.76% by 2025 based on trend extrapolation.
The non-performing loans of Costa Rica in 2025 was 1.76%. This ranks 85th in the world.
Cite this page
@misc{historysaid_costa-rica_non-performing-loans,
title = {Costa Rica Non-Performing Loans},
url = {https://historysaid.com/costa-rica/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}