Fewer bankruptcies

11/07/2011 09:30

In June this year, 440 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, 117 fewer than in May.

As the number of businesses declared bankrupt in a particular month is closely related to the number of days the 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 was 480 in June versus 513 in May. The number of bankruptcies has varied around 500 for almost a year now.

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.