Lowest level bankruptcies of this century

12/03/2018 15:00
The number of corporate bankruptcies has decreased, according to Statistics Netherlands (CBS). There were 48 fewer bankruptcies in February 2018 than in the previous month. This constitutes the lowest number of bankruptcies since 2001. Most bankruptcies in February were recorded in the trade sector.

Downward trend

The number of bankruptcies shows an irregular pattern with many ups and downs. Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend. The number of bankruptcies reached the lowest level of this century.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 217 businesses and institutions (excluding one-man businesses) were declared bankrupt in February 2018. With a total of 41, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In February, the number of bankruptcies was relatively highest in the sector transport and storage.

The figures in this publication are provisional and can be adjusted.

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