Non-performing loans as a share of bank loans reached 4.17 % in 2017 in Hungary, according to the National Central Bank. This is 43.9 % less than in the previous year.
Historically, non-performing loans as a share of bank loans in Hungary reached an all time high of 16.8 % in 2013 and an all time low of 2.57 % in 2006. When compared to Hungary's main peers, non-performing loans as a share of bank loans in Austria amounted to 2.37 %, 3.74 % in Czech Republic, 3.94 % in Poland and 3.70 % in Slovakia in 2017.
Hungary has been ranked 53rd within the group of 113 countries we follow in terms of non-performing loans as a share of bank loans, 8 places above the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.