Press April 2021: business insolvencies down 9.0% on April 2020

Press release No. 335 of 13 July 2021

WIESBADEN – German local courts reported 1,333 business insolvency requests in April 2021. The Federal Statistical Office (Destatis) reports that this was a decline of 9.0% compared with April 2020. This means that the economic problems of many businesses due to the coronavirus crisis have still not been reflected by an increase in reported business insolvencies.

The local courts reported that, in relation to the business insolvency requests, the prospective debts owed to creditors amounted to approximately 2.5 billion euros in April 2021. In April 2020, they totalled roughly 3.2 billion euros.

Basic data and long time series are available in tables Insolvencies (52411) in the GENESIS-Online database.

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