Portugal: non-financial corporations loans in default

This statistic displays the ratio of loans to non-financial corporations that were overdue and therefore defaulted in Portugal as of May 2018, by business size. It can be seen that micro corporations were the most at risk of defaulting on a loan with 21.8 percent of all loans to micro enterprises overdue as of may 2018. Large corporations on the other hand had a default ratio of 3.4 percent in the same period.

Share of loans to non-financial corporations that were in default in Portugal as of May 2018, by company size

Characteristic	Share of loans overdue***
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Release date

June 2018

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Region

Portugal

Survey time period

May 2018*

Supplementary notes

End of period.
The source added the following information "Head offices are excluded from this classification. Classification based on the Commission Recommendation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium‐sized enterprises: Micro corporations - number of employees below 10 and turnover and/or annual balance‐sheet total not above 2 million euros; Small corporations - number of employee below 50 and turnover and/or annual balance‐sheet total not above 10 million euros; Medium‐sized corporations - number of employees below 250 and turnover not above 50 million euros and/or annual balance‐sheet total not above 43 million euros; Large corporations - remaining cases."

*** Ratio between overdue loans and the total amount of granted loans by each category.

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