The private credit bureau coverage in Austria has shown a generally increasing trend from 2013 to 2023. In 2023, the coverage stood at 55.5% of the adult population. Over the past two years, there has been consistent growth with year-on-year variations approximately around 0.9%. The CAGR from 2019 to 2023 has been 1.23%, indicating steady but moderate growth. Forecasts from 2024 to 2028 suggest a continued increase in coverage, with a 5-year CAGR of 0.67% and an overall growth rate of 3.39% by 2028.
Future trends to watch for include potential regulatory changes impacting data sharing, technological advancements in credit reporting, and economic factors influencing credit activities. Additionally, monitoring shifts in consumer behavior and the impact of digital financial services on credit bureau operations will be crucial.
