Press release No. 300 of 9 August 2019
WIESBADEN – In May 2019, German local courts reported 1,670 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a 3.3% increase compared with May 2018.
The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to roughly 2.5 billion euros in May 2019.
Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.
