Press May 2021: business insolvencies down 25.8% on May 2020

Number of requests for normal insolvency proceedings in July 2021 down 0.1% on the previous month, according to provisional figures

Press release No. 376 of 10 August 2021

WIESBADEN – German local courts reported 1,116 business insolvency requests in May 2021. The Federal Statistical Office (Destatis) reports that this was a decline of 25.8% compared with May 2020. This means that the downward trend in business insolvencies observed over the last months has continued.

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

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