A total of 3,325 bankruptcies were initiated in Norway in 2021, a decrease of 19% from the previous year. Compared with 2019, i.e., before the pandemic, the decline is 34%.
The largest percentage decline is in Troms og Finnmark, with 39% fewer bankruptcies in 2021 than the year before, figures from Statistics Norway (SSB) show. Nordland is in second place, with a decrease of 34% from 2020.
The number of bankruptcies decreased in all Norwegian counties. If you look at the total number of bankruptcies, the largest decline was registered in Oslo, with 218 fewer bankruptcies. Vestfold and Telemark registered 95 fewer bankruptcies.
The number of bankruptcies in the fourth quarter of last year also shows a decrease from the same period in 2020.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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