Press release No. 162 of 19 April 2023
- Business insolvencies up 20.2% in January 2023 compared with January 2022
- 1.9% more consumer insolvencies in January 2023 compared with January 2022
WIESBADEN – Based on provisional data of the Federal Statistical Office (Destatis), the number of requests for normal business insolvency in Germany increased by 13.2% in March 2023 compared with the previous month. In February 2023, it rose by 10.8% from January 2023. When interpreting the results, it should be noted that such procedures are 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.
More information:
Detailed data are provided in tables 52411 (Insolvencies) of the GENESIS-Online database.
