Hamburg / Neuss (dpa / lno) - Hamburg has improved significantly in the number of corporate insolvencies per 10,000 companies, but is still above the national average.

According to the credit agency Creditreform on Tuesday, the rate fell from 86 in 2019 to 61 this year.

But it is still well above the national average of 50 bankruptcies per 10,000 companies.

In the ranking among the 16 countries, Hamburg was able to work its way up from penultimate to 13th place.

Only the city states of Bremen (98) and Berlin (78) as well as North Rhine-Westphalia (67) achieve even higher values ​​in the Corona year.

The lowest rates are in Thuringia (30), Brandenburg (36) as well as Baden-Württemberg, Bavaria and Mecklenburg-Western Pomerania (all 38).

Creditreform named regional industry structures and different age structures of companies as possible causes for the large differences.

Nevertheless, the number of company bankruptcies in Germany has fallen to its lowest level since the beginning of the 1990s, despite the Corona crisis.

The significant decrease in company bankruptcies by 13.4 percent to an estimated 16,300 (previous year: 18,830) cases, however, "hide the real situation of the companies," said Creditreform.

State aid and relief in insolvency law have eased the situation.

Nevertheless, according to calculations by the credit agency, around 332,000 jobs are threatened or have already been lost as a result of this year's corporate insolvencies.


Creditreform on insolvencies 2020

Creditreform on insolvencies 2019