Bankruptcies in Hong Kong increased to 3392 Companies in March from 62 Companies in February of 2020.

Bankruptcies in Hong Kong averaged 4906.47 Companies from 1994 until 2020, reaching an all time high of 20646 Companies in March of 2019 and a record low of 62 Companies in February of 2020. This page provides - Hong Kong Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Bankruptcies - values, historical data and charts - was last updated on June of 2020. source: Census and Statistics Department, Hong Kong

Bankruptcies in Hong Kong is expected to be 13230.69 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in Hong Kong to stand at 13313.30 in 12 months time. In the long-term, the Hong Kong Bankruptcies is projected to trend around 13358.98 Companies in 2021 and 13363.72 Companies in 2022, according to our econometric models.

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Hong Kong Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
3392.00 62.00 20646.00 62.00 1994 - 2020 Companies Monthly
Volume, NSA

Hong Kong Business Last Previous Highest Lowest Unit
Business Confidence -37.00 -22.00 32.00 -53.00 points [+]
Manufacturing PMI 43.90 36.90 53.30 33.10 points [+]
Industrial Production -0.50 0.50 23.90 -14.20 percent [+]
Changes in Inventories 21810.00 3938.00 36683.00 -17282.00 HKD Million [+]
Bankruptcies 3392.00 62.00 20646.00 62.00 Companies [+]
Car Registrations 2884.00 1930.00 6154.00 332.00 [+]
Internet Speed 21908.83 21943.39 21943.39 6090.98 KBps [+]
IP Addresses 3132077.00 3045927.00 3132077.00 1589168.00 IP [+]
Competitiveness Index 83.14 82.25 83.14 5.22 Points [+]
Competitiveness Rank 3.00 7.00 12.00 3.00 [+]
Ease of Doing Business 3.00 4.00 5.00 2.00 [+]
Corruption Index 76.00 76.00 84.00 70.10 Points [+]
Corruption Rank 16.00 14.00 18.00 12.00 [+]


Hong Kong Bankruptcies
In Hong Kong, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.