Key findings: P0043 - Statistics of Liquidations and insolvencies, December 2015

The number of liquidations decreased by 1,7% in the fourth quarter of 2015 compared with the fourth quarter of 2014. There was a year-on-year decrease of 3,3% (4 fewer liquidations) in December 2015.

The number of liquidations decreased by 4,9% in 2015 compared with 2014.This followed annual changes of -13,1% in 2014 and -12,6% in 2013. Liquidations of close corporations decreased by 4,2% and liquidations of companies decreased by 5,7% between 2014 and 2015.

The estimated number of insolvencies decreased by 17,8% year-on-year in November 2015. A 21,2% decrease was estimated between the three months ended November 2014 and the three months ended November 2015. There was a decrease of 15,7% (from 2 903 to 2 448) in the first eleven months of 2015 compared with the first eleven months of 2014.