CPFB | Employer default indicator

Employer default indicator

Default indicator

The default indicator represents the percentage of employers who have not settled their late payments within a month after the expiry of the grace period.

This table is available for download in Excel format (xlsx, 77KB)

	2019	2020	2021	2022	2023	2024
Jan	1.93%	1.88%	1.94%	2.15%	2.01%	2.14%
Feb	1.89%	1.92%	1.62%	1.88%	2.01%	2.10%
Mar	1.90%	2.15%	1.67%	2.01%	1.91%	2.04%
Apr	1.97%	2.09%	1.68%	1.85%	1.69%	n.a.
May	1.92%	2.00%	1.48%	1.87%	1.80%	n.a.
Jun	2.00%	1.81%	1.58%	1.73%	1.65%	n.a.
Jul	1.92%	1.52%	1.56%	1.61%	1.71%	n.a.
Aug	1.81%	1.42%	1.73%	1.62%	1.75%	n.a.
Sep	1.71%	1.57%	1.61%	1.68%	1.86%	n.a.
Oct	1.80%	1.48%	1.70%	1.77%	1.99%	n.a.
Nov	1.79%	1.50%	1.71%	1.87%	2.05%	n.a.
Dec	1.65%	1.62%	1.76%	1.80%	1.88%	n.a.
Average	1.86%	1.75%	1.67%	1.82%	1.86%	2.09%

Notes

Figures are updated as at Q2 2024.
The average employer default indicator is the average of the months with available figures.
n.a. = Not available

Employer default indicator

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Employer/Business

Employer default indicator

Default indicator

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Employer default indicator

Default indicator