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Altogether 327 bankruptcies were instigated in May 2024

Release related to topics:Enterprises
release | Bankruptcies and business restructuring proceedings 2024, May

According to Statistics Finland, 327 bankruptcy proceedings were instigated in May 2024, which is 84 more than in the corresponding period one year earlier. The number of staff-years in enterprises that filed for bankruptcy totalled 1,110, which is 135 staff-years more than in May 2023.

Key selections

  • In May 2024, the 12-month moving annual change in instigated bankruptcy proceedings was 17 per cent.
  • In May 2024, the number of instigated bankruptcy proceedings was lowest in the industry of agriculture, forestry and fishery. Nine bankruptcy proceedings were instigated in the industry.
  • In May 2024, most bankruptcy proceedings were instigated in the industries of construction and other service activities. In the industry of other service activities, 122 bankruptcy proceedings were instigated, and in construction 70 bankruptcies.

Database tables

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Updated database tables
13fe
Classifications used:
  • Industries_luok
  • Municipality
Reference period cycle:
month
Updating frequency:
month
Statistics:
Updated:
13fd
Classifications used:
  • Industry
  • Legal form
Reference period cycle:
month
Updating frequency:
month
Statistics:
Updated:
13fb
Classifications used:
    Reference period cycle:
    month
    Updating frequency:
    month
    Statistics:
    Updated:

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    Documentation

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    Go to documentation of the statistics

    Referencing instructions

    Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
    Reference period: 2024, May. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 30.3.2025].
    Access method: https://stat.fi/en/publication/clmexnh7uohvm0bw3xwpsnv9b

    Statistical experts

    Inquiries primarily

    Service email
    rakenne.tilastot@stat.fi
    Mira Kuussaari
    Senior Statistician
    029 551 3538
    External link Twitter@MiKuussaari

    Other experts

    Tommi Veistämö
    Senior Statistician
    029 551 3546

    Head of Department in charge

    Katri Kaaja
    Head of Department in charge
    029 551 3488