Poland's Non-Performing Loans (NPL) ratio has shown consistent decreases from 4.98% in 2013 to 3.86% in 2023. This decline indicates improving loan performance and financial stability. The annual decreases from 2022 to 2023 were minimal at about 0.26%. The Compound Annual Growth Rate (CAGR) over the next 5 years stands at -0.21%, suggesting a steady decline, culminating in a projected 3.81% NPL ratio by 2028. The total forecasted growth rate over the upcoming five years is -1.06%.
Future trends to watch for include:
- Economic events, such as shifts in GDP growth, employment rates, and inflation- Regulatory changes affecting credit market- Innovations in financial technology improving loan management- Broader macroeconomic environment and implications from global financial trends