San Marino Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
San Marino's non-performing loans was 17.14% in 2025, ranked 8th globally. This represents a 18.6% decrease from 2024. Data from World Bank, covering 2009–2025.
Overview
San Marino's non-performing loans stood at 17.14% in 2025, a decline of +3.91pp from 2023. Based on recent trends, this figure is projected to reach 17.14% by 2025. San Marino ranked 8th globally.
San Marino's Non-Performing Loans (NPLs) have experienced significant fluctuations over the past 16 years. The country's NPL ratio peaked at 61.12% in 2020, more than eight times the all-time trough of 6.90% reached in 2009. The latest available data for 2025 shows a notable decline to 17.14%, ranking San Marino eighth globally in terms of NPLs. For context, St. Kitts and Nevis, a peer country with a similar ranking, has maintained a relatively stable NPL ratio of 17.57%. This decrease in San Marino's NPL ratio suggests a positive trend in the country's financial health. However, a sustained economic downturn or a significant banking crisis could potentially disrupt this trend and push the NPL ratio back up.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 8.76% | - | - |
| 2025* trend | 17.14% | - | - |
| 2025 | 17.14% | −3.91pp | #8 |
| 2023 | 21.05% | −32.09pp | #100 |
| 2022 | 53.14% | −5.83pp | #132 |
| 2021 | 58.96% | −2.15pp | #141 |
| 2020 | 61.12% | +2.19pp | #141 |
| 2019 | 58.93% | +8.26pp | #144 |
| 2018 | 50.67% | −0.94pp | #144 |
| 2017 | 51.60% | +4.53pp | #143 |
| 2016 | 47.08% | −2.03pp | #140 |
| 2015 | 49.11% | +5.99pp | #137 |
| 2014 | 43.12% | +0.81pp | #124 |
| 2013 | 42.30% | +21.97pp | #126 |
| 2012 | 20.33% | −14.23pp | #119 |
| 2011 | 34.56% | +22.64pp | #117 |
| 2010 | 11.92% | +5.02pp | #95 |
Detected Pattern
Analysis
San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's non-performing loans was 17.14% in 2025. Ranked 8th globally. This represents a 18.6% decrease from the previous year.
San Marino's non-performing loans peaked at 61.12% in 2020.
The lowest non-performing loans in San Marino was 6.90% in 2009.
San Marino ranks 8th globally in non-performing loans as of 2025.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
San Marino's non-performing loans is projected to reach 17.14% by 2025 based on trend extrapolation.
The non-performing loans of San Marino in 2025 was 17.14%. This ranks 8th in the world.
Cite this page
@misc{historysaid_san-marino_non-performing-loans,
title = {San Marino Non-Performing Loans},
url = {https://historysaid.com/san-marino/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}