Global Insolvency Outlook 2019

Global Insolvency Outlook 2019

At a global level, the upward trend in business insolvencies continued in 2018 (+10% y/y), mainly due to the surge in China (+60%) and, to a lesser extent, an increase in Western Europe (+2%). This higher number of insolvencies was complemented by a persistent high level of large business insolvencies, with 247 major insolvencies totaling more than EUR100bn in turnover in Q1-Q3 2018. Hot spots were Retail in North America; Construction in Asia; Retail, Agrifood, Services and Construction in Western Europe

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