The trend in business insolvencies in major developing economies differs greatly from country to country. For example, Russia has seen a significant reduction in their annual number of insolvencies, which declined from almost 36,000 in 2007 to an estimated 11,000 in 2019. On the other end of the spectrum, business insolvencies in Turkey increased over this period from just under 10,000 in 2007 to around 14,700 in 2019.
Total number of business insolvencies in selected major developing economies from 2007 to 2019
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Euler Hermes. (January 9, 2020). Total number of business insolvencies in selected major developing economies from 2007 to 2019 [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1116823/number-business-insolvencies-selected-developing-economies/
Euler Hermes. "Total number of business insolvencies in selected major developing economies from 2007 to 2019." Chart. January 9, 2020. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1116823/number-business-insolvencies-selected-developing-economies/
Euler Hermes. (2020). Total number of business insolvencies in selected major developing economies from 2007 to 2019. Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1116823/number-business-insolvencies-selected-developing-economies/
Euler Hermes. "Total Number of Business Insolvencies in Selected Major Developing Economies from 2007 to 2019." Statista, Statista Inc., 9 Jan 2020, https://www.statista.com/statistics/1116823/number-business-insolvencies-selected-developing-economies/
Euler Hermes, Total number of business insolvencies in selected major developing economies from 2007 to 2019 Statista, https://www.statista.com/statistics/1116823/number-business-insolvencies-selected-developing-economies/ (last visited May 22, 2022)
