Press release No. 161 of 31 March 2021
WIESBADEN – In 2020 German local courts reported 15,841 business insolvencies. The Federal Statistical Office (Destatis) reports that this was a 15.5% decline compared with 2019. The number of business insolvency requests fell to the lowest level since the enactment of the Insolvency Statute in 1999. An increase was last recorded in the crisis year 2009 (+11.6% compared with 2008). The annual result for 2020 has been considerably affected by the suspension of the obligation to file for insolvency during the coronavirus crisis.
Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.
