|Year||Week||Number of bankruptcies|
Number of bankruptcies low
The number of corporate bankruptcies, adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (911); it subsequently declined continuously until August 2017 inclusive, after which it remained fairly stable until mid-2020. It then followed a downward trend again, reaching a record low in August 2021. As of May 2022, the number of bankruptcies has continuously been higher than in the same month a year earlier.
Most bankruptcies recorded in trade
If the number of court session days is not taken into account, in May a total of 292 businesses and institutions (including sole proprietorships) were declared bankrupt. The trade sector suffered most with 45 bankruptcies; this is an increase of 5 percent relative to April.
The trade sector is one of the sectors with the largest number of businesses. In May, relatively the highest number of bankruptcies was pronounced in the sector accommodation and food services.
|Sector||May 2023||April 2023|
|Accommodation and food services||33||17|
|Specialised business services||25||26|
|Transportation and storage||21||17|
|Renting and other business services||20||19|
|Information and communication||11||9|
|Other service activities||8||6|
|Real estate activities||5||2|
|Agriculture, forestry and fisheries||4||3|
|Arts, sports and recreation||4||6|