IDEAS home Printed from
   My bibliography  Save this paper

Selected Issues on the Treatment of Nonperforming Loans in Macroeconomic Statistics


  • Ralph Kozlow

    (Bureau of Economic Analysis)


This paper was prepared for the IMF’s Electronic Discussion Group on the Treatment of Nonperforming Loans in Macroeconomic Statistics. Due to the linkages between loan recognition and interest accrual, and between loan writeoffs and operating surplus, decisions that are reached regarding the treatment of these loans may have a significant impact on the calculation of major aggregates in the national and international economic accounts. In this paper, recommendations are made on a number of important questions, and these recommendations are briefly justified. In particular, the treatment of loan principal (that is, how should nonperforming loans – or loans more generally -- be valued?), loan interest (that is, should interest be accrued on nonperforming loans?), and operating surplus (how should output and profits be measured?) are separately discussed.

Suggested Citation

  • Ralph Kozlow, 2003. "Selected Issues on the Treatment of Nonperforming Loans in Macroeconomic Statistics," BEA Papers 0026, Bureau of Economic Analysis.
  • Handle: RePEc:bea:papers:0026

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bea:papers:0026. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bryn Whitmire). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.