Press release No. 014 of 11 January 2023
- Business insolvencies, October 2022: +17.9% on October 2021
- Consumer insolvencies, October 2022: -15.7% on October 2021
WIESBADEN – Based on provisional data of the Federal Statistical Office (Destatis), the number of requests for normal business insolvency in Germany increased by 3.1% in December 2022 compared with November 2022. In November 2022, the figure had been up by 1.2% on October 2022. 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.
