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Small and medium-sized enterprises (SMEs)

Support for policy development - Statistics

2nd chance entrepreneurs in action

 

Quotes

"Success is often achieved by those who don't know that failure is inevitable" -  Coco Chanel

Sources of information and statistics on Bankruptcy and Insolvency at European and national level

Did you know ...?

  • Every year, some 150 000 corporate insolvencies wipe out around 1.5 million jobs.
    Source: Insolvencies in Europe 2006/07, survey by Creditreform
    (figures for EU plus Switzerland and Norway, 2002-06)
  • People who start a new business risk their reputations as well as their money and property. Entrepreneurs worry most about how their families would cope if they went with bankrupt.
    Source: Attitudes to Bankruptcy. The Insolvency Service, London
  • To support high-growth entrepreneurship, we need to be more accepting of firm failure and bankruptcy, and reducing the economic and social costs that go with them (refers to start-ups creating 20 or more jobs within five years)
    Source: The Global Entrepreneurship Monitor, High Growth Report 2007
  • A study on the performance of Europe's fastest-growing companies shows that companies founded by re-starters have higher turnover and employment growth than companies run by entrepreneurs who have never failed
    Source: Setting the Phoenix Free. Boston Consulting Group, 2002
  • Business failure does not mean losing the entrepreneurial spirit. Research shows that a large majority of people whose businesses had failed still had plans for new business projects.
    Source: Starting anew: Entrepreneurial intentions and realizations subsequent to business closure. Stam E., Schutjens V., 2006
  • The risk of bankruptcy is what Europeans fear most about setting up a new business.
    Flash Eurobarometer "Entrepreneurship" No 192, European Commission, 2007
  • 48% of Europeans agree with the statement "You should not start a business if it might fail", compared with just 19% in the United States
    Flash Eurobarometer "Entrepreneurship" No 192, European Commission, 2007

Statistical data on insolvencies in Europe

Creditreform analysis on insolvencies in Europe, latest report

Insolvencies in Europe 2012/13
(PDF, 1.3 MB)

 

Statistical data on EU companies - including insolvencies - from Eurostat

Keys figures on European business, with a special feature on SMEs, 2011 edition (PDF, 3 MB)

Keys figures on European business, with a special feature on the recession, 2010 edition (PDF, 10 MB)

Key figures on European business, with a special feature on the factors of business success, 2008 edition (PDF, 3MB)

Statistical data on insolvencies in Member States

Austria

Austria

Belgium

Belgium

  • Bankruptcy statistics from the Belgian government françaisNederlands

Denmark

Denmark

Germany

Germany

United Kingdom

United Kingdom

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