Figure 6  Bad loan ratio and GDP in Italy (GDP: 2007=100)  6%  102  Bad loans/total loans  5  97  4  92  3  87  2  82  GDP (right-hand scale) 77  1 1992  1995  1998  2001  2004  2007  2010  2013  2016  Sources: Based on Istat data and supervisory reports.
Note: Ratio of bad loans to total loans, net of write-downs; GDP at chain-linked values.