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270 companies went down last month, compared to 268 in June. In July, 2 companies were declared more bankrupt than in June, Statistics Netherlands reports. The bankruptcy trend has been fairly flat in recent years.

That has the Central Bureau of Statistics (CBS) announced Monday. The number of companies that went bankrupt in the past two years is stable; around 250 a month. Only last December was an outlier with 328 companies.

More companies worldwide will go bankrupt this year than in 2018, writes credit insurer Atradius. The reason for the rising number is the persistent uncertainty in international trade. In total, the number of bankruptcies worldwide will increase by 2,8 percent.

In May 2013 peaked the number of bankruptcies pronounced, adjusted for court days. Then there is until September 2017 there is a downward trend. After September 2017, the trend is fairly flat. The number of bankruptcies reached in September 2018 the lowest level since 2001. After that periods of rise and fall alternated.

Number of bankruptcies remains stable

Unadjusted for session days, 311 businesses and institutions (excluding one-man businesses) were declared bankrupt in July. Of all industries, trade had the largest number of companies that went bankrupt, at 79. Relatively speaking, most bankruptcies were reported in July in the transport and storage sector.

The Netherlands has a total of approximately 340.000 companies (excluding sole proprietorships).

What does CBS do?

The statutory task of the Central Bureau of Statistics (CBS) is to produce official statistics and to publish the results thereof. Statistics Netherlands publishes reliable and coherent statistical information, which it shares with other governments, citizens, politics, science, media and business. For example, Statistics Netherlands ensures that social debates can be conducted on the basis of reliable statistical information.

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Statistics Netherlands provides insight into what is actually happening. The information published by Statistics Netherlands is therefore about subjects that affect people in the Netherlands. For example economic growth and consumer prices, but also crime and leisure.

In addition to being responsible for national (official) statistics, Statistics Netherlands is also responsible for the production of European (Community) statistics. This concerns most of the work program.

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