Press Requests for normal business insolvency in November 2022 up 1.2% on the previous month

Press release No. 527 of 12 December 2022

  • Business insolvencies, January to September 2022: -0.4% on the same period a year earlier
  • Consumer insolvencies, January to September 2022: -18.6% on the same period a year earlier

WIESBADEN – Based on provisional data of the Federal Statistical Office (Destatis), the number of requests for normal business insolvency in Germany increased by 1.2% in November 2022 compared with October 2022. In October 2022, the figure had been up 18.4% on September 2022. It should be noted that such procedures will be included in the statistics only after the first decision has been taken by an insolvency court. The insolvency request itself was filed approximately three months earlier in many cases. Insolvency statistics include only business closures that occur in the course of insolvency proceedings. Business closures that are caused by other reasons or take place before businesses face acute financial difficulties are not included. This and other information (only in german) should be taken into consideration when insolvency statistics are interpreted.

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More information:

Detailed data are provided in tables 52411 (Insolvencies) of the GENESIS-Online database.

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