Non-performing loans reached 15.6 USD bil in 2011 in Austria, according to the National Central Bank. This is 2.64 % less than in the previous year.
Historically, non-performing loans in Austria reached an all time high of 16.1 USD bil in 2010 and an all time low of 10.3 USD bil in 2005. When compared to Austria's main peers, non-performing loans in Hungary amounted to 10.2 USD bil, 284 USD bil in Italy and 17.3 USD bil in Switzerland in 2011.
Austria has been ranked 17th within the group of 95 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.