Bankruptcies in Singapore increased to 110 Companies in June from 7 Companies in May of 2020.

Bankruptcies in Singapore averaged 201.53 Companies from 2001 until 2020, reaching an all time high of 507 Companies in January of 2004 and a record low of 7 Companies in May of 2020. This page provides - Singapore Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Bankruptcies - values, historical data and charts - was last updated on August of 2020. source: Statistics Singapore

Bankruptcies in Singapore is expected to be 155.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in Singapore to stand at 180.00 in 12 months time. In the long-term, the Singapore Bankruptcies is projected to trend around 180.00 Companies in 2021, according to our econometric models.

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Singapore Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
110.00 7.00 507.00 7.00 2001 - 2020 Companies Monthly
Volume, NSA

Singapore Business Last Previous Highest Lowest Unit
Business Confidence -7.00 -56.00 54.00 -57.00 points [+]
Manufacturing PMI 50.20 48.00 53.10 44.70 points [+]
Industrial Production -6.70 -8.10 58.60 -32.30 percent [+]
Industrial Production Mom 0.20 -15.80 28.63 -22.20 percent [+]
Changes in Inventories 1414.40 2103.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 110.00 7.00 507.00 7.00 Companies [+]
Car Registrations 2072.00 653.00 16204.00 653.00 [+]
Leading Economic Index 101.60 107.70 109.90 23.70 points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment -31.00 -58.00 37.00 -58.00 [+]
Competitiveness Index 84.78 83.48 84.78 5.44 Points [+]
Competitiveness Rank 1.00 2.00 8.00 1.00 [+]
Composite Pmi 45.60 43.20 56.80 27.10 points [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 85.00 85.00 94.00 84.00 Points [+]
Corruption Rank 4.00 3.00 9.00 1.00 [+]


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