Press release No. 091 of 14 March 2018
WIESBADEN – In 2017 German local courts reported 20,093 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a decline of 6.6% compared with 2016. The number of business insolvencies thus reached the lowest level since the enactment of the Insolvency Statute in 1999. An increase in the number of business insolvencies was last recorded 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.
