The number of bankruptcy declarations among EU businesses increased by 26.8% on quarter in the last three months of 2022 and reached the highest levels since the start of the data collection in 2015. The number of bankruptcy declarations increased during all four quarters of 2022. Transportation and storage (+72.2%), accommodation and food services (+39.4%), and education, health and social activities (+29.5%) were the activities with the highest increases in the number of bankruptcies in the fourth quarter of 2022 compared with the previous quarter. The largest decreases were observed in Belgium (-17.6%), Romania (-17.3%) and Lithuania (-10.8%) while the biggest increases in the registrations of new businesses were observed in Ireland (+12.6%), Spain (+7.4%) and France (+2.8%)

Bankruptcies in European Union averaged 0.52 percent from 2015 until 2022, reaching an all time high of 26.80 percent in the fourth quarter of 2022 and a record low of -23.80 percent in the second quarter of 2020. This page includes a chart with historical data for European Union Bankruptcies. European Union Bankruptcies - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

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European Union Bankruptcies

European Union Bankruptcies
The data is based on the absolute number of registrations and bankruptcies sent to Eurostat by EU Member States on a voluntary basis until the fourth quarter of 2020 and on a mandatory basis since the first quarter of 2021.
Actual Previous Highest Lowest Dates Unit Frequency
26.80 17.50 26.80 -23.80 2015 - 2022 percent quarterly