Analysis and Studies - Studies
Corporate insolvencies sink to a new low
July 17th 2019
The number of corporate insolvencies in Germany fell again in 2018. A total of 19,552 companies filed for insolvency last year. This represents a decrease of 3.6 percent (2017: 20,276) compared with the same period last year.
As a result of the ninth consecutive decline, corporate insolvencies in 2018 fell to a new low since the introduction of the new Insolvency Code (1999).
Compared with 2003, the highest year of insolvency to date, when 39,320 companies went bankrupt, the number of insolvencies in 2018 was more than halved.
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