Allianz Trade US
Global Insolvency Trends and Forecasts Report
Pages
30
Time to read
64 mins
Publication
Language
English
Pages
30
Time to read
64 mins
Publication
Language
English
This document is a research report that outlines the trends and forecasts related to global business insolvencies in the context of economic challenges. It details the significant rise in insolvencies observed in 2024, with a reported increase of 10% globally, driven by various factors including delayed interest rate adjustments and heightened uncertainties. The report highlights that the US and Eurozone experienced notable increases, with specific countries like Germany and Italy seeing substantial rises. The projections for 2025 and 2026 indicate continued increases in insolvencies, particularly in North America and Western Europe, with potential job losses estimated at 2.3 million globally in 2025. The report also discusses the implications of high interest rates and the potential impact of geopolitical tensions on insolvency rates. Additionally, it examines the effects of increased defense spending in Europe and regulatory changes proposed by the European Commission, which may influence long-term insolvency trends. Overall, the report presents a comprehensive analysis of the factors contributing to the rising insolvency rates and their economic ramifications.