Credit bureau coverage in Austria has shown modest growth over the past decade, with fluctuations in year-on-year changes. As of 2023, the coverage stood at 55% of the adult population. The last two years exhibited small increases; in 2022, the growth rate was 0.92%, and in 2023, it was 0.91%. The compound annual growth rate (CAGR) for the past five years was 1.23%, indicating steady but slow improvement.
Looking forward, the forecast data suggests continued incremental gains in coverage up to 57.9% by 2028. The expected CAGR for the next five years is 0.67%, suggesting a steady but gradual upward trajectory.
Future trends to watch for include technological advancements in credit reporting, regulatory changes, and potential increases in financial literacy which may boost credit bureau participation.
