Fewer bankruptcies in March

Number of bankruptcies low

The number of corporate bankruptcies, adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (911); it subsequently declined continuously until August 2017 inclusive, after which it remained fairly stable until mid-2020. It then followed a downward trend again, reaching a record low in August 2021. After August 2022, the number of bankruptcies increased for four months in a row to the highest level since June 2020. The number fluctuated in the following months.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, in March a total of 205 businesses and institutions (including sole proprietorships) were declared bankrupt. The trade sector suffered most with 44 bankruptcies; this is a decrease of 29 percent relative to February.

The trade sector is one of the sectors with the largest number of businesses. In March, relatively the highest number of bankruptcies was pronounced in manufacturing.