Press release No. 193 of 9 June 2016
WIESBADEN – German local courts reported 5,436 business insolvencies in the first quarter of 2016, which was a decline of 4.9% compared with the first quarter of 2015. The Federal Statistical Office (Destatis) reports this on the basis of provisional results. Thus the trend of declining business insolvencies has continued. An increase in the number of business insolvencies was last recorded in the first quarter of 2010 (+6.7% on the first quarter of 2009). Since that time the number of business insolvencies has always been lower than in the corresponding quarters of the preceding year.
Basic data and long time series are available in tables Insolvency proceedings (enterprises) (52411-0004) and Insolvency proceedings (other debtors) (52411-0009) in the GENESIS-Online database.