Press Business insolvencies in October 2021: -2.7% on the same month a year earlier

Press release No. 013 of 11 January 2022

  • Number of requests for normal insolvency proceedings in December 2021 up 18.0% on the previous month, according to provisional figures
  • Consumer insolvencies in October 2021 more than tripled (+222.1%) year on year

WIESBADEN – German local courts reported 1,056 business insolvency requests in October 2021. The Federal Statistical Office (Destatis) reports that this was a decline of 2.7% compared with October 2020. Compared with October 2019 before the coronavirus crisis, the number of business insolvencies was 33.7% lower in October 2021.

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

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