According to a study by the provider for Credit Insurance Allianz Trade, the bankruptcies increase significantly more in both Germany and worldwide. For this reason, the credit insurer corrects his forecast for the overall year. Allianz Trade awaits an increase in bankruptcy by 6% (previously 3%) and another 3% in the coming year. In 2024 the increase was still 10%. However, this would be the fifth increase in a row.
In Germany, the situation after the bankruptcy studio has deteriorated even more drastically. Here an increase of 10% is forecast, after an increase by 22% last year. This corresponds to about 24,300 cases in 2025, followed by a further increase in bankruptcy cases by 2% in 2026. As the main cause, Allianz Trade names structural challenges such as competitiveness and green transformation as well as uncertainties in trade tariffs.
“The German economy faces major challenges,” says Milo Bogaerts, CEO of Allianz Trade in Germany, Austria and Switzerland. “The Fiscal Package of the Union and SPD could help to strengthen the economic structures and thus also reduce the insolvency numbers. Where payment failures and bankruptcies are on the rise.
