Corporate Bankruptcies in Germany Surge to Highest Levels Since 2015

New data shows a 12.1% rise in February bankruptcies compared to last year, with experts warning of continued economic strain in 2025.

Germany recorded 21,812 corporate insolvencies in 2024, a 22.4% increase from 2023, marking the highest level since 2015.
February 2025 saw a 12.1% rise in insolvencies compared to February 2024, continuing a trend of double-digit growth since mid-2023.
Large-scale bankruptcies with creditor claims exceeding €25 million surged by 127.5% in 2024, significantly inflating total creditor losses to €58.1 billion.
Key industries affected include transportation, construction, and temporary employment services, with smaller increases in consumer bankruptcies.
Economic experts predict corporate bankruptcies in 2025 could rise further, potentially nearing levels seen during the 2009 financial crisis, though some indicators suggest a possible stabilization.