In the first quarter of 2021, registrations of new businesses increased slightly compared with the previous quarter (by 0.3%).
For declared bankruptcies, there was a 5.8% growth in the first quarter of 2021 compared with the fourth quarter of 2020.
Year-on-year comparisons show that the number of registrations of new businesses increased by 11.8% in the first quarter of 2021 compared with a year earlier, while the number of registered bankruptcies increased by 7.3%.
For more information:
- See the Statistics Explained article Quarterly registrations of new businesses and declarations of bankruptcies - statistics.
- The relatively low number of bankruptcies in many countries may be explained by the government measures supporting businesses during the crisis that may have allowed businesses that would otherwise have filed for bankruptcy to continue their activities.
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