Bankruptcies in Luxembourg decreased to 1198 Companies in 2020 from 1262 Companies in 2019. source: STATEC, Luxembourg

Bankruptcies in Luxembourg averaged 623.21 Companies from 1987 until 2020, reaching an all time high of 1262 Companies in 2019 and a record low of 102 Companies in 1990. This page provides - Luxembourg Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Bankruptcies - values, historical data and charts - was last updated on October of 2021.

Bankruptcies in Luxembourg is expected to reach 941.20 Companies by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Luxembourg Bankruptcies is projected to trend around 923.91 Companies in 2022 and 935.23 Companies in 2023, according to our econometric models.

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Luxembourg Bankruptcies

Luxembourg Last Unit Reference Previous Highest Lowest
Industrial Production 21.30 percent May/21 40.80 40.80 -31.70
New Orders 83.40 points Feb/13 106.70 163.30 63.70
Changes in Inventories 0.06 EUR Billion Dec/20 0.36 0.47 -0.35
Bankruptcies 1198.00 Companies Dec/20 1262.00 1262.00 102.00
Car Registrations 2948.00 Sep/21 2792.00 6419.00 1166.00

Luxembourg Bankruptcies
In Luxembourg, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.