Prague, April 16, 2019
Prague, April 16, 2019
In 2018, the amount of long-term and short-term debt in the Czech Republic increased.
More specifically, the amount of long-term debt increased by 8.7% compared to 2017, reaching 1,649,630 CZK, which represents a year-on-year increase of 131,793 CZK. Considering short-term debt, the average amount was 195,003 CZK, which represents a year-on-year increase of 14,314 CZK (7.9%).
On the other hand, the total volume of debt at risk decreased by 4.5 billion CZK (-11.6% compared to 2017). On December 31, the total volume reached 34.4 billion CZK, 10.0 billion of which related to long-term debt (-14.8%), while short-term debt at risk equalled 24.4 billion CZK, which represents a year-on-year decrease of 2.8 billion CZK (-10.3%).
Considering the number of clients with long-term debt at risk, the volume stood at 20,669, which was down by 3,982 (or -16.2%) year-on-year. On the other hand, the number of clients with short-term debt at risk stood at 252,779, which represents a year-on-year decrease of 44,125 people (or -14.9%). The average monthly loan repayment in 2018 was almost a quarter of the average wage.
