Corporate Bankruptcy Statistics [Fresh Research]

With sources from:,,, and many more

In this post, we present a comprehensive overview of corporate bankruptcy statistics from various regions, shedding light on the trends and impacts observed in the business landscape. From the surge in U.S. corporate bankruptcy filings to the shifts in global bankruptcy rates, these statistics offer valuable insights into the challenges faced by businesses in turbulent times. Let’s explore the numbers that reveal the stark realities of corporate financial distress across different economies.

Statistic 1

"In 2020, U.S. corporate bankruptcy filings reached 7,128."

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Statistic 2

"In the first half of 2020, Chapter 11 bankruptcy filings in the U.S. increased by 26% compared to the same period in 2019."

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Statistic 3

"In 2020, 59% of companies that filed for bankruptcy had more than $10 million in assets."

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Statistic 4

"In 2019, total U.S. corporate debt reached $10 trillion, increasing the risk of bankruptcy during an economic downturn."

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Statistic 5

"6.7% of small businesses closed permanently due to the COVID-19 pandemic."

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Statistic 6

"In 2020, there were around 544,000 total business bankruptcy filings in the United States."

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Statistic 7

"Since 2000, over 800,000 companies filed for bankruptcy in the United States."

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Statistic 8

"In 2019, the average corporate bankruptcy case took 538 days to be resolved."

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Statistic 9

"Energy sector accounted for 20% of bankruptcy filings in 2020, the highest among all industries."

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Statistic 10

"Canada saw a 9.6% increase in the number of corporate bankruptcies between January and November 2020."

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Statistic 11

"In 2020, Asia-Pacific countries experienced a 19% increase in corporate defaults."

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Statistic 12

"In the UK, 16% of businesses faced increased bankruptcy risk between March and August 2020."

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Statistic 13

"In Spain, the number of corporate bankruptcy filings increased by 20% in July 2020 compared to the same month in 2019."

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Statistic 14

"In the first quarter of 2021, there were a total of 1,570 new corporate bankruptcy filings in the Netherlands."

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In summary, the corporate bankruptcy statistics from various countries reflect the significant impact of the COVID-19 pandemic and economic downturn on businesses worldwide. Companies across different industries and regions have faced financial distress and increased bankruptcy risk, with large corporations and small businesses alike being affected. The data underscores the importance of financial planning, risk management, and adaptation strategies for businesses to navigate turbulent economic conditions and mitigate bankruptcy threats.

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