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Number of bankruptcy proceedings concluded was 3,270 in 2023

Release related to topics:Enterprises
release | Bankruptcies and business restructuring proceedings 2023

According to Statistics Finland's data, a total of 3,270 bankruptcy proceedings were concluded by courts in 2023. A total of 521 of these ended with certification of the disbursement list. In other cases, bankruptcy proceedings were discontinued at different stages of the bankruptcy proceedings.

Key selections

  • In 2023, the commonest reason for discontinuing bankruptcy proceedings was the insufficient means of the bankruptcy estate, which was the reason in 1,698 cases.
  • In 2022, the second commonest reason for discontinuing bankruptcy proceedings was withdrawal of the application, which was the reason in 538 cases.
  • Altogether 37 decisions on transferring to public receivership were made by district courts in 2023.

Database tables

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Updated database tables
13ff
Classifications used:
  • Industries_luok
  • Municipality
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13fj
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    year
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    year
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    13fg
    Classifications used:
    • Industry
    • Legal form
    Reference period cycle:
    year
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    13fk
    Classifications used:
    • Industry
    • District court
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    Documentation

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    Referencing instructions

    Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
    Reference period: 2023. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 21.11.2024].
    Access method:

    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