Dun & Bradstreet published next edition of the 2017 Global Bankruptcy report
14 March 2017
Out of a total of 38 countries in Dun & Bradstreet analysis, 26 experienced falling bankruptcy rates relative to the previous year; meanwhile the failure rate stagnated in two countries, and only ten countries saw the rate increase. Dun & Bradstreet analysis shows that bankruptcy rates have declined in the majority of both developed and developing countries.
Out of a total of 38 countries in Dun & Bradstreet analysis, 26 experienced falling bankruptcy rates relative to the previous year; meanwhile the failure rate stagnated in two countries, and only ten countries saw the rate increase. Dun & Bradstreet analysis shows that bankruptcy rates have declined in the majority of both developed and developing countries.
What are the Emerging Trends from the 2017 Global Bankruptcy Report?
· Bankruptcy rates have declined in a majority of both developed and developing countries.
· Regionally, failures have declined in 16 out of 23 European countries.
· Nine out of eleven countries in Dun & Bradstreet Asia-Oceania region had declining failure rates, including China.
· The other global economic behemoths – the US, Japan and Germany – also experienced declining failure rates in 2016.
· Dun & Bradstreet expects global growth of 2.7% in 2017 (up from an estimated 2.2% in 2016) and 3.0% in 2018.
The following WWN members contributed local bankruptcy data from their respective markets: Altares, Bisnode, CRIBIS D&B, D&B Indonesia, D&B Israel, D&B Singapore, D&B Thailand, D&B Vietnam, D&B Turkey, Huaxia D&B China, ICAP, Informa D&B, Interfax, NICE D&B and TSR.
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