Press release No. 092 of 14 March 2017
WIESBADEN – In 2016 German local courts reported 21,518 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 6.9% compared with 2015. The number of business insolvencies reached the lowest level since the enactment of the Insolvency Statute in 1999. An increase in the number of business insolvencies was last observed in the crisis year of 2009 (+11.6% on 2008).
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.