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Total Insolvencies, Insolvencies Filed by Consumers, Insolvencies Filed by Businesses, Insolvencies by NAICS Economic Sectors, Canada, Insolvencies Filed by Consumers by ER, Insolvencies Filed by Businesses by ER, Insolvencies Filed by Consumers by Census Metropolitan Area (CMA), Insolvencies Filed by Businesses by Census Metropolitan Area (CMA). [Office of the Superintendent of Bankruptcy Canada]
The number of registered company insolvencies in England and Wales was 2,238 in May 2025, 8% higher than in April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024). Monthly company insolvency numbers in the first five months of 2025 were slightly higher than in 2024 and at a similar level to 2023, which saw a 30-year high annual number of insolvencies.
Company insolvencies in May 2025 consisted of 354 compulsory liquidations, 1,734 creditors’ voluntary liquidations (CVLs), 136 administrations and 14 company voluntary arrangements (CVAs). There were no receivership appointments. The number of compulsory liquidations was 7% lower than the 10-year high seen in April 2025, but remained higher than both May 2024 and the 2024 monthly average. The number of CVLs in May 2025 was higher than both April 2025 and the 2024 monthly average. Administrations were higher than in April 2025, while CVAs were lower.
One in 189 companies on the Companies House effective register (at a rate of 53.0 per 10,000 companies) entered insolvency between 1 June 2024 and 31 May 2025. This was a decrease from the 55.6 per 10,000 companies that entered insolvency in the 12 months ending 31 May 2024. Insolvency rates are calculated on a 12-month rolling basis as a proportion of the total number of companies on the effective register. The 12-month rolling rates show longer term trends and reduce the volatility associated with estimates based on single months.
While the insolvency rate has increased since the lows seen in 2020 and 2021, it remains much lower than the peak of 113.1 per 10,000 companies seen during the 2008-09 recession. This is because the number of companies on the effective register has more than doubled over this period.
In 2024, France is expected to record the highest number of business insolvencies of any country included, with over ****** businesses becoming insolvent during the year. The United Kingdom, the country predicted to have the second highest number of insolvencies in 2024, is estimated to have around ****** insolvencies. The United States followed in third with ******. On the other hand, Greece is expected to have only ** insolvencies in 2024.
This publication relates to company insolvency only. Statistics relating to individual insolvency can be found on the "https://www.gov.uk/government/collections/individual-insolvency-statistics-releases" class="govuk-link">individual insolvency releases page. These new monthly publications contain some additional information that was previously only released quarterly, such as seasonally adjusted numbers and rates of insolvency per 10,000 companies. This is in accordance with the plans announced following a user consultation. Archived monthly publications can be found here.
After seasonal adjustment, the number of registered company insolvencies in England and Wales in March 2024 was 1,815, 17% lower than in February 2024 (2,177) and 17% lower than the same month in the previous year (2,193 in March 2023). However, numbers of company insolvencies remained much higher than those seen both during the COVID-19 pandemic and between 2014 and 2019.
Company insolvencies in March 2024 consisted of 261 compulsory liquidations, 1,437 creditors’ voluntary liquidations (CVLs), 108 administrations and 9 company voluntary arrangements (CVAs). Numbers of all types of company insolvency were lower than in both March 2023 and February 2024.
One in 179 companies on the Companies House effective register (at a rate of 55.8 per 10,000 companies) entered insolvency between 1 April 2023 and 31 March 2024. This was an increase from the 53.5 per 10,000 companies that entered insolvency in the 12 months ending 31 March 2023. These 12-month rolling rates are calculated as a proportion of the total number of companies on the effective register to show longer term trends and reduce the volatility that would be associated with estimates based on single months.
While the insolvency rate has increased since the lows seen in 2020 and 2021, it remains much lower than the peak of 113.1 per 10,000 companies seen during the 2008-09 recession. This is because the number of companies on the effective register has more than doubled over this period.
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Canada Insolvency Statistics: Bankruptcy: Business: Individual data was reported at 44.000 Unit in Feb 2025. This records a decrease from the previous number of 51.000 Unit for Jan 2025. Canada Insolvency Statistics: Bankruptcy: Business: Individual data is updated monthly, averaging 49.000 Unit from Jan 2018 (Median) to Feb 2025, with 86 observations. The data reached an all-time high of 79.000 Unit in Mar 2019 and a record low of 17.000 Unit in Jul 2021. Canada Insolvency Statistics: Bankruptcy: Business: Individual data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
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Canada Insolvency Statistics: Business data was reported at 456.000 Unit in Feb 2025. This records an increase from the previous number of 424.000 Unit for Jan 2025. Canada Insolvency Statistics: Business data is updated monthly, averaging 330.500 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 759.000 Unit in Jan 2024 and a record low of 160.000 Unit in Jul 2021. Canada Insolvency Statistics: Business data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
In 2025, there are forecasted to be around *********** business insolvencies in ******, the most of any European country. In *******, Europe's largest economy, there are expected to be *********** business insolvencies.
Following the rising global inflation, business insolvencies are forecast to increase in all world regions in 2023, increasing by almost ** percent in North America. Following a sharp increase with the 2008-09 financial crash, the number of business insolvencies in North America declined each year from 2010 to 2019. Perhaps somewhat surprisingly, except for Eastern and Central Europe and Latin America, the number of insolvencies fell in all regions in 2020, despite the COVID-19 pandemic.
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Canada Insolvency Statistics: 12-Mth Period Ending: Bankruptcy: Business data was reported at 4,183.000 Unit in Mar 2025. This records a decrease from the previous number of 4,277.000 Unit for Feb 2025. Canada Insolvency Statistics: 12-Mth Period Ending: Bankruptcy: Business data is updated monthly, averaging 3,038.000 Unit from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 4,979.000 Unit in Sep 2024 and a record low of 1,887.000 Unit in Sep 2021. Canada Insolvency Statistics: 12-Mth Period Ending: Bankruptcy: Business data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
After seasonal adjustment, the number of registered company insolvencies in England and Wales was 2,035 in February 2025, 3% higher than in January 2025 (1,978) but 7% lower than the same month in the previous year (2,188 in February 2024). Company insolvencies over the past year have been slightly lower than in 2023, which saw a 30-year high annual number, but have remained high relative to historical levels.
Company insolvencies in February 2025 consisted of 393 compulsory liquidations, 1,520 creditors’ voluntary liquidations (CVLs), 115 administrations and 7 company voluntary arrangements (CVAs). There were no receivership appointments. Compulsory liquidations were higher than in January 2025, while CVLs, administrations and CVAs were lower. The (seasonally adjusted) number of compulsory liquidations in February 2025 was the highest monthly number since September 2014.
One in 191 companies on the Companies House effective register (at a rate of 52.4 per 10,000 companies) entered insolvency between 1 March 2024 and 28 February 2025. This was a decrease from the 57.6 per 10,000 companies that entered insolvency in the 12 months ending 29 February 2024. Insolvency rates are calculated on a 12-month rolling basis as a proportion of the total number of companies on the effective register. The 12-month rolling rates show longer term trends and reduce the volatility associated with estimates based on single months.
While the insolvency rate has increased since the lows seen in 2020 and 2021, it remains much lower than the peak of 113.1 per 10,000 companies seen during the 2008-09 recession. This is because the number of companies on the effective register has more than doubled over this period.
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AFSA publish a breakdown of business and non-business personal insolvency statistics quarterly for bankrupts, debt agreement debtors and personal insolvency agreement debtors. The time series started in March 2003.
A business related personal insolvency occurs where an individual’s bankruptcy, debt agreement or personal insolvency agreement is directly related to his or her proprietary interest in a business.
The business and non-business personal insolvency statistics may be affected by differences in debtors’ interpretations of what constitutes a business and whether a proprietary interest in a business was the primary cause of insolvency.
For more information on the data, please see https://www.afsa.gov.au/resources/statistics/provisional-business-and-non-business-personal-insolvency-statistics/guide-to-business-and-non-business-personal-insolvency-activity-statistics
There were 23,880 company insolvencies in England and Wales in 2024, down from 25,164 in 2023.
Business insolvencies in China have decreased significantly since 2020, falling to a total of 7,528 in 2022. A slightly growing number of insolvencies is expected in 2023 and 2024.
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The consumer insolvency rate is defined as the number of consumer insolvencies per thousand residents aged 18 years or above. The business insolvency rate is defined as the number of business insolvencies per thousand businesses. Annual insolvency rates are available for consumers starting from 1987 and for businesses starting from 1998. [Office of the Superintendent of Bankruptcy Canada]
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Canada Insolvency Statistics: Business: Individual data was reported at 99.000 Unit in Feb 2025. This records an increase from the previous number of 88.000 Unit for Jan 2025. Canada Insolvency Statistics: Business: Individual data is updated monthly, averaging 80.000 Unit from Jan 2018 (Median) to Feb 2025, with 86 observations. The data reached an all-time high of 129.000 Unit in Oct 2024 and a record low of 32.000 Unit in Jul 2021. Canada Insolvency Statistics: Business: Individual data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
The number of registered company insolvencies in England and Wales was 2,053 in April 2025, 3% higher than in March 2025 (1,996) but 5% lower than the same month in the previous year (2,163 in April 2024). Company insolvencies over the past 12 months have been slightly lower than in 2023, which saw a 30-year high annual number, but have remained high relative to historical levels.
Company insolvencies in April 2025 consisted of 379 compulsory liquidations, 1,544 creditors’ voluntary liquidations (CVLs), 105 administrations, 24 company voluntary arrangements (CVAs) and one receivership appointment. The (seasonally adjusted) number of compulsory liquidations in April 2025 was the highest monthly number since September 2014. The number of CVLs in April 2025 was similar to both March 2025 and the 2024 monthly average. Administrations were lower than in March 2025, while CVAs were higher.
One in 190 companies on the Companies House effective register (at a rate of 52.5 per 10,000 companies) entered insolvency between 1 May 2024 and 30 April 2025. This was a decrease from the 57.0 per 10,000 companies that entered insolvency in the 12 months ending 30 April 2024. Insolvency rates are calculated on a 12-month rolling basis as a proportion of the total number of companies on the effective register. The 12-month rolling rates show longer term trends and reduce the volatility associated with estimates based on single months.
While the insolvency rate has increased since the lows seen in 2020 and 2021, it remains much lower than the peak of 113.1 per 10,000 companies seen during the 2008-09 recession. This is because the number of companies on the effective register has more than doubled over this period.
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Canada Insolvency Statistics: Business: Corporation data was reported at 357.000 Unit in Feb 2025. This records an increase from the previous number of 336.000 Unit for Jan 2025. Canada Insolvency Statistics: Business: Corporation data is updated monthly, averaging 220.000 Unit from Jan 2018 (Median) to Feb 2025, with 86 observations. The data reached an all-time high of 641.000 Unit in Jan 2024 and a record low of 119.000 Unit in Jan 2021. Canada Insolvency Statistics: Business: Corporation data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
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Total Insolvencies, Insolvencies Filed by Consumers, Insolvencies Filed by Businesses, Insolvencies Filed by Consumers by Province, Insolvencies Filed by Businesses by Province [Office of the Superintendent of Bankruptcy Canada]
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Canada Insolvency Statistics: Proposal: Business: Individual data was reported at 55.000 Unit in Feb 2025. This records an increase from the previous number of 37.000 Unit for Jan 2025. Canada Insolvency Statistics: Proposal: Business: Individual data is updated monthly, averaging 28.000 Unit from Jan 2018 (Median) to Feb 2025, with 86 observations. The data reached an all-time high of 72.000 Unit in Oct 2024 and a record low of 7.000 Unit in May 2021. Canada Insolvency Statistics: Proposal: Business: Individual data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
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Canada Insolvency Statistics: Bankruptcy: Business: Corporation data was reported at 282.000 Unit in Mar 2025. This records a decrease from the previous number of 295.000 Unit for Feb 2025. Canada Insolvency Statistics: Bankruptcy: Business: Corporation data is updated monthly, averaging 172.000 Unit from Jan 2018 (Median) to Mar 2025, with 87 observations. The data reached an all-time high of 567.000 Unit in Jan 2024 and a record low of 90.000 Unit in Apr 2020. Canada Insolvency Statistics: Bankruptcy: Business: Corporation data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O009: Insolvency Statistics: Business. [COVID-19-IMPACT]
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Total Insolvencies, Insolvencies Filed by Consumers, Insolvencies Filed by Businesses, Insolvencies by NAICS Economic Sectors, Canada, Insolvencies Filed by Consumers by ER, Insolvencies Filed by Businesses by ER, Insolvencies Filed by Consumers by Census Metropolitan Area (CMA), Insolvencies Filed by Businesses by Census Metropolitan Area (CMA). [Office of the Superintendent of Bankruptcy Canada]