At end-March 2017, the aggregated number of corporate bankruptcies over the last 12 months decreased by 6.5 %
- At end-March, the aggregated number of corporate bankruptcies over the last 12 months amounted to 57,153, down 6.5% compared to March 2016 (see tables A and B and charts 1 and 2).
- According to provisional data, the aggregated number of corporate bankruptcies decreases at a slower pace at end-April 2017 (-7.0 %) (see tables A and B and charts 1 and 2).
Corporate bankruptcies decreased in most business sectors
- Two sectors, construction and industry, recorded the strongest decrease in bankruptcies over the past 12 months ( 12.5 % and -7.4 %, respectively). The aggregated number of bankruptcies also decreased in other sectors, particularly in wholesale and retail trade, repair of motor vehicles and motorcycles (-6.8 %) and accommodation and food services (-6.8 %).
- However, over the past 12 months corporate bankruptcies increased in agriculture, forestry and fishing (+10.4 %) and to a lesser extent in transport and storage (+2.7 %).
Bankruptcies decreased across all firm sizes
- Bankruptcies decreased for SMEs (-6.5 %) as well as for intermediate-sized enterprises (ISE) and large enterprises (-2.8 %, see table B).
The outstanding loan amounts of firms filing for bankruptcy over the past 12 months accounts for a little more than 0.35% of the total outstanding loan amounts reported to the Banque de France's Central Credit Register.
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Business failures by company size and sector of activity
Published on Tuesday, June 13, 2017