Number of bankruptcies rocketing

14/02/2012 09:30

In January this year, 680 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, an increase by more than 160 relative to December last year.

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-month moving average is a more reliable indicator.

With 611, the three-month moving average was considerably up from December (559). Since the summer of 2011, the number of bankruptcies has risen rapidly.

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.