Based on the forecast data for total non-performing loans (NPLs) in Spain from 2024 onwards, the values show a consistent decline each year. The NPL value is projected to be 3.69 in 2024, which decreases gradually to 3.43 by 2028. Compared to 2023, the 2024 value marks the starting point for this downward trend. The year-on-year variations indicate a moderate but steady improvement in the NPL ratios with a decline of approximately 1.63% from 2024 to 2025, 1.93% from 2025 to 2026, 1.97% from 2026 to 2027, and 1.72% from 2027 to 2028. Over the entire five-year forecast period, the compound annual growth rate (CAGR) suggests an average annual decline of 1.89% in NPLs.
Future trends to watch for include the impact of economic conditions on loan performance, regulatory changes affecting the banking sector, and potential shifts in consumer behavior toward borrowing and repayment. Monitoring these factors will be crucial in understanding the potential risks and opportunities in maintaining the downward trajectory of NPLs in Spain.
