Non-performing loans as a share of bank loans reached 3.08 % in 2018 in Slovakia, according to the National Central Bank. This is 16.8 % less than in the previous year.
Historically, non-performing loans as a share of bank loans in Slovakia reached an all time high of 48.2 % in 1998 and an all time low of 2.49 % in 2008. When compared to Slovakia's main peers, non-performing loans as a share of bank loans in Austria amounted to 1.88 %, 3.14 % in Czech Republic, 2.47 % in Hungary and 3.85 % in Poland in 2018.
Slovakia has been ranked 70th within the group of 119 countries we follow in terms of non-performing loans as a share of bank loans, 2 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.