Number of bankruptcies increases

07/12/2010 09:30

In November 2010, 580 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt. The number of bankruptcies is quite a lot higher than in October, when 537 business and institutions went bankrupt. November is the second month in a row in which the number of bankruptcies increased.

As the number of businesses declared bankrupt in a particular month is closely related to the number of days courts are in session, it may vary considerably from month to month. Therefore, the three-monthly moving average is a more reliable indicator.

The three-monthly moving average stood at 525 in November, as against 501 in October.

Bankruptcies of businesses and institutions (excluding one-man businesses)

Bankruptcies of businesses and institutions (excluding one-man businesses)

More figures can be found in dossier Business Cycle.