Non-performing loans reached 12.1 EUR bil in 2011 in Austria, according to the National Central Bank. This is 0.333 % less than in the previous year.
Historically, non-performing loans in Austria reached an all time high of 12.1 EUR bil in 2010 and an all time low of 8.25 EUR bil in 2008. When compared to Austria's main peers, non-performing loans in Hungary amounted to 2,487 HUF bil, 219 EUR bil in Italy and 16.2 CHF bil in Switzerland in 2011.
Austria has been ranked 65th within the group of 105 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.