Accredited official statistics

Summary - Individual Insolvency Statistics January to March 2021

Published 30 April 2021

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This publication is available at https://www.gov.uk/government/statistics/individual-insolvency-statistics-january-to-march-2021/summary-individual-insolvency-statistics-january-to-march-2021

Total individual insolvencies in England & Wales decreased by 5% from Q4 2020 to 29,140 in Q1 2021

A barchart showing the number of individual insolvencies in Q1 2021 by type. The data can be found in Table 1a of the accompanying tables.
2021 Q1 % change from Q4 2020
Total individual insolvencies 29,140 -5%
Bankruptcies 2,643 -12%
Debt relief orders 4,143 -2%
Individual voluntary arrangements 22,354 -5%

Numbers of bankruptcies and debt relief orders remain lower than pre-pandemic levels

A line chart showing the change over time in the individual insolvency rate in England and Wales between Q1 2011 and Q1 2021. The data can be found in Table 2 of the accompanying tables.

The insolvency rate per 10,000 adults also fell slightly, with decreases in the rates of bankruptcies and debt relief orders balancing an increase in the rate of individual voluntary arrangements

A line chart showing the change over time in the quarterly number of individual insolvencies in England and Wales between Q1 2011 and Q1 2021. The data can be found in Table 1a of the accompanying tables.
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