In 2023, Austria's total non-performing loans stood at 1.72 units. Over the past two years, the year-on-year variations showed slight decreases: a -3.6% from 2021 to 2022, and a -4.07% from 2022 to 2023. These decreases reflect a consistent downward trend. Moreover, the compound annual growth rate (CAGR) over the last five years indicates an average annual decline of -3.66%. Going forward, projections suggest a continued downward trend with the total non-performing loans expected to decrease by -17.01% from 2024 to 2028.
Future trends to watch for:
- Economic shifts influencing loan repayment capabilities.
- Regulatory changes affecting banking and financial sectors.
- Potential impacts of global financial stability and local economic policies.
