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Number of corporate bankruptcies in the Netherlands down in May

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Staff Writer |
the Netherlands
Europe   Most bankruptcies in May were recorded in the trade sector

The number of corporate bankruptcies has decreased, according to Statistics Netherlands (CBS). There were 10 fewer bankruptcies in May 2018 than in the previous month. Most bankruptcies in May were recorded in the trade sector.

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, reaching its lowest level (since 2001) in August 2017. The trend has been more or less flat since then.

If the number of court session days is not taken into account, 296 businesses and institutions (excluding one-man businesses) were declared bankrupt in May 2018. With a total of 66, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In May, the number of bankruptcies was relatively highest in the accommodation and food services sector.


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