Non-performing loans reached 1,233 HUF bil in 2017 in Hungary, according to the National Central Bank. This is 35.9 % less than in the previous year.
Historically, non-performing loans in Hungary reached an all time high of 2,598 HUF bil in 2012 and an all time low of 228 HUF bil in 1997. When compared to Hungary's main peers, non-performing loans in Czech Republic amounted to 131 CZK bil, 70.8 PLN bil in Poland and 1.97 EUR bil in Slovakia in 2017.
Hungary has been ranked 11th within the group of 90 countries we follow in terms of non-performing loans, 5 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.