Many bankruptcies

16/07/2012 09:30

In June, 610 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt. Over the first six months of 2012, the number of bankruptcies soared. More than 3,760 businesses and institutions went bankrupt, i.e. a 25 percent increase relative to the first six months of 2011.

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. The three-month moving average stood at 628 in June, i.e. more than 10 up from May.

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

More figures can be found in dossier Business cycle.

More figures can be found in dossier Business cycle.