Key findings: P0043 - Statistics of Liquidations and insolvencies, December 2020

The number of liquidations decreased by 0,3% in 2020 compared with 2019. Liquidations of companies increased by 7,9% (from 1 079 to 1 164), while liquidations of close corporations decreased by 9,6% (from 963 to 871).

 The total number of liquidations increased by 20,5% in the fourth quarter of 2020 compared with the fourth quarter of 2019. There was a year-on-year increase of 14,2% in December 2020.

 

The estimated number of insolvencies decreased by 31,1% in the three months ended November 2020 compared with the three months ended November 2019. There was a year-on-year decrease of 7,6% in November 2020.

 Seasonally adjusted insolvencies increased by 67,4% in November 2020 compared with October 2020. This followed month-on-month changes of -5,3% in October 2020 and 29,9% in September 2020.