Relometers lead the increase in insolvencies in 2021, they grow by 263%

The autonomous are one of the business collectives that have most suffered the crisis derived from the Covid, which has caused 1,446 to enter into a creditors'

Relometers lead the increase in insolvencies in 2021, they grow by 263%

The autonomous are one of the business collectives that have most suffered the crisis derived from the Covid, which has caused 1,446 to enter into a creditors' contest so far this year, 263% more than those who resorted to this Instrument in 2020.

The figure is much higher than the total of autonomous that were declared insolvent in 2020 (398) and also quadruplicates the number of autonomous that entered the contest in the year before the pandemic, 326, according to the data collected by the Forensic Economist Registry ( Refinition, assigned to the General Council of Economista) in its 'ATLAS Bódition' published on Tuesday.

This represents a year-on-year increase of 263% in the autonomous competitions, much higher than the increase of 8% that has occurred in the competitions of individuals or consumers (2,775 so far this year, compared to 2,555 in 2020) or at increase of 1.2% in business competitions (3.169 in the first ten months of the year).

By 2022, the registry foresees that there is "a greater increase in competitions from natural and self-employed persons, many of them or the vast majority for second chance."

The number of competitions that have been presented and our country remains low compared to the rest of European countries. In 2020-last year of which there is complete data -, 4,097 competitions were presented in Spain, compared to 32,000 in France, the 17,000 in Germany, the 12,000 in the United Kingdom, the 7,000 in Italy or the almost 7,000 Portugal.

However, even though Spain remains lagging behind in the use of this resource by companies, in 2021 it is the country in which the greatest increase in the number of insolvencies has occurred, as it grows by 24%.

The Czech Republic (+ 14%), Romania (+ 11%), South Africa (+ 10%), Hong Kong (+ 7%) or Turkey (+ 6%) are followed. In the rest of the countries analyzed, the number of insolvencies has decreased by 2021 compared to 2020.

By 2022, the record expects Spain to be between the ten countries worldwide with the greatest increase in insolvencies, with 26%.

However, next year there will be six countries with a higher increase than Spain in insolvencies: Italy (+ 34%), United Kingdom (+ 33%), Australia (+ 33%), Finland (+ 29%), Singapore (+ 28%) and the Netherlands (26%).

Updated Date: 25 November 2021, 01:50

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