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Bankruptcy filings in Germany climb to multi-year highs
The German economy has been hit by a wave of bankruptcies. It is an unprecedented development. Many companies have taken advantage of the situation and ended up penniless. According to Germany’s Federal Statistical Office (Destatis), the number of bankruptcy filings in the country has risen by more than 19%, a staggering figure.
Experts note that the pace of this increase is the highest since October 2024, when the growth rate reached 23%. Destatis data shows that in July this year, the number of standard bankruptcy filings in Germany rose by 19.2%, significantly more than in the same month of 2024.
As for corporate bankruptcies, in May 2025, their number increased by 5.3%, with German courts receiving 2,036 such cases. The transport and logistics sector accounted for the largest share, followed by construction and hospitality.
In addition, May 2025 saw 6,605 consumer bankruptcy cases, up by 16.1% compared to the same month in 2024.
It is worth noting that last year, Germany recorded 16.8% more bankruptcy filings than in 2023.
Published 14 August 2025
© InstaFintech Group
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© InstaFintech Group
