Business registration and bankruptcy index by NACE Rev. 2 activity - annual data by country
Countries reporting
42
Highest
171 Index, 2021=100
Montenegro
Lowest
63 Index, 2021=100
North Macedonia
Median
109.4 Index, 2021=100
Years covered
11
2015–2025
Data points
440
What the numbers show
Business registration and bankruptcy index by NACE Rev. 2 activity - annual data is currently reported for 42 countries. The highest value is 171 Index, 2021=100 in Montenegro; the lowest is 63 Index, 2021=100 in North Macedonia.
The median across all reporting countries is 109.4 Index, 2021=100, and the mean is 107.5 Index, 2021=100.
The gap between the highest and lowest reporting country is a factor of about 3.
Over the past decade 25 countries rose and 9 fell. The largest increase was in France (up 106.3%), and the largest decrease in North Macedonia (down 23.8%).
Business registration and bankruptcy index by NACE Rev. 2 activity: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Montenegro | 171 Index, 2021=100 | 2025 | — | rising |
| 2 | Greece | 144.1 Index, 2021=100 | 2025 | — | rising |
| 3 | Albania | 139 Index, 2021=100 | 2025 | — | rising |
| 4 | Czechia | 129.6 Index, 2021=100 | 2025 | up 14.6% | rising |
| 5 | Croatia | 129 Index, 2021=100 | 2025 | up 79.2% | rising |
| 5 | Croatia | 129 Index, 2021=100 | 2025 | up 79.2% | rising |
| 7 | Spain | 127.2 Index, 2021=100 | 2025 | up 36.9% | rising |
| 8 | Portugal | 125.2 Index, 2021=100 | 2025 | up 44.6% | rising |
| 9 | Luxembourg | 123.8 Index, 2021=100 | 2025 | up 41.6% | rising |
| 10 | Kosovo* | 123.6 Index, 2021=100 | 2025 | — | rising |
| 11 | Latvia | 116.3 Index, 2021=100 | 2025 | down 20.3% | falling |
| 11 | Latvia | 116.3 Index, 2021=100 | 2025 | down 20.3% | falling |
| 13 | Finland | 115.9 Index, 2021=100 | 2025 | up 27.8% | rising |
| 14 | Germany | 115.7 Index, 2021=100 | 2025 | down 8.5% | falling |
| 15 | Ireland | 114.6 Index, 2021=100 | 2025 | up 17.3% | falling |
| 16 | France | 111 Index, 2021=100 | 2025 | up 106.3% | rising |
| 17 | Lithuania | 110.9 Index, 2021=100 | 2025 | up 60.5% | rising |
| 17 | Lithuania | 110.9 Index, 2021=100 | 2025 | up 60.5% | rising |
| 19 | Slovenia | 110.4 Index, 2021=100 | 2025 | up 19.5% | rising |
| 19 | Slovenia | 110.4 Index, 2021=100 | 2025 | up 19.5% | rising |
| 21 | Bulgaria | 109.7 Index, 2021=100 | 2025 | down 12.6% | falling |
| 22 | Cyprus | 109.1 Index, 2021=100 | 2025 | — | flat |
| 23 | Belgium | 102.6 Index, 2021=100 | 2025 | up 42.1% | rising |
| 24 | Slovakia | 101.1 Index, 2021=100 | 2025 | up 44.6% | rising |
| 24 | Slovakia | 101.1 Index, 2021=100 | 2025 | up 44.6% | rising |
| 26 | Italy | 99.8 Index, 2021=100 | 2025 | down 11.2% | falling |
| 27 | Austria | 99.3 Index, 2021=100 | 2025 | up 8.1% | flat |
| 28 | Poland | 98.4 Index, 2021=100 | 2025 | up 1.9% | flat |
| 28 | Poland | 98.4 Index, 2021=100 | 2025 | up 1.9% | flat |
| 30 | Romania | 94.8 Index, 2021=100 | 2025 | up 52.7% | rising |
| 31 | Iceland | 93.8 Index, 2021=100 | 2025 | up 25.2% | rising |
| 32 | Ukraine | 93.1 Index, 2021=100 | 2025 | — | rising |
| 33 | Estonia | 92.4 Index, 2021=100 | 2025 | up 37.5% | rising |
| 33 | Estonia | 92.4 Index, 2021=100 | 2025 | up 37.5% | rising |
| 35 | Netherlands | 89.1 Index, 2021=100 | 2025 | up 22.9% | rising |
| 35 | Netherlands | 89.1 Index, 2021=100 | 2025 | up 22.9% | rising |
| 37 | Hungary | 88.4 Index, 2021=100 | 2025 | — | falling |
| 38 | Sweden | 87.8 Index, 2021=100 | 2025 | — | falling |
| 39 | Malta | 86.3 Index, 2021=100 | 2025 | down 9.1% | falling |
| 40 | Norway | 78.1 Index, 2021=100 | 2025 | down 17.4% | falling |
| 41 | Denmark | 73.5 Index, 2021=100 | 2025 | down 12.3% | falling |
| 42 | North Macedonia | 63 Index, 2021=100 | 2025 | down 23.8% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Euro area – 21 countries (from 2026) 111.3 Index, 2021=100
- Euro area – 20 countries (2023-2025) 111.3 Index, 2021=100
- European Union - 27 countries (from 2020) 108.7 Index, 2021=100
- Euro area - 19 countries (2015-2022) 104.6 Index, 2021=100