Many bankruptcies

26/07/2012 09:30

In June, 596 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: 3,750 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 624, as against 617 in May.

The figures published in this update have been adjusted from those published on 16 July 2012. The revision is based on new and more detailed information.

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.