The number of corporate bankruptcies in Switzerland remains high: 6,075 companies filed for bankruptcy in the first five months of 2026 – which is an increase of 58.4% compared with the same period of the previous year. The construction industry, food and drink sector and retail trade were particularly badly affected. At the same time, the growth in business start-ups has slowed down significantly and now stands at just 0.3%.

CRIF AG has analysed how many new businesses were set up from January to May 2026, how many companies filed for bankruptcy and how many businesses were completely deleted from the register in the same period.

Corporate bankruptcies increased significantly across the whole of Switzerland
6,075 companies filed for bankruptcy in Switzerland between January and May 2026. This represents an escalation of 58.4% compared with the same period of the previous year. The highest percentage rise was recorded by the Canton of Thurgau, at +234.8%, followed by the Canton of Jura at +154.2%, and the Canton of Basel-Landschaft at +142.2%. The only cantons to record a fall in the bankruptcy figures were Schwyz (-19.5%) and Solothurn (-6.8%).

Most bankruptcies affected the construction industry (736 cases), the food and drink sector (565) and the retail trade (480). There was a particularly noticeable rise in the number of filings for bankruptcy affecting the real estate sector (+99.2%) and the provision of financial services (+98.5%).

One key reason for this increase is a change in the law in Switzerland. Since 1st January 2025, it has been possible for the tax debts of any debtors registered in the commercial register to be pursued through bankruptcy proceedings.

The growth in company start-ups loses momentum
22,631 new businesses were set up in Switzerland during the first five months of 2026. This represents an increase of 0.3% compared with the previous year. The first quarter of 2026 was still showing a growth of 4.7%.

The Canton of Zurich recorded the highest number, at 4,093 new start-ups, followed by the Cantons of Vaud (2,113) and Geneva (1,805). Nevertheless, the number of new start-ups actually declined in all three of these Cantons: by 7.2% in Vaud, by 3.3% in Geneva and by 1.3% in Zurich.

The highest number of new start-ups involved the management consultancy sector (1,994), the real estate sector (1,641) and the retail trade (1,624).

Some sectors reported a significant fall in the number of new start-ups compared with the previous year. The decline was particularly marked in the food and drink sector, at -23.3%, and in the retail trade at -12.4%.

 

Filings for bankruptcy by sector, January to May

Noga Description 2026 2025 +/- as a percentage

43

Specialised construction activities

736

569

167

29.3%

56

Food and beverage service activities

565

394

171

43.4%

47

Retail trade, except of motor vehicles and motorcycles

480

301

179

59.5%

46

Wholesale trade, except of motor vehicles and motorcycles

435

256

179

69.9%

41

Construction of buildings

324

246

78

31.7%

70

Activities of head offices; management consultancy activities

322

178

144

80.9%

64

Financial service activities, except insurance and pension funding

262

132

130

98.5%

68

Real estate activities

241

121

120

99.2%

62

Computer programming, consultancy and related activities

229

150

79

52.7%

45

Wholesale and retail trade and repair of motor vehicles and motorcycles

215

144

71

49.3%

 

New start-ups by canton, January to May

Canton 2026 2025 +/- as a percentage

Aargau

1’474

1’420

54

+3.8%

Appenzell Innerrhoden

47

58

-11

-19.0%

Appenzell Ausserrhoden

128

115

13

+11.3%

Bern

1’844

1’785

59

+3.3%

Basel-Landschaft

623

605

18

+3.0%

Basel-Stadt

521

573

-52

-9.1%

Freiburg

801

819

-18

-2.2%

Geneva

1’805

1’866

-61

-3.3%

Glarus

74

85

-11

-12.9%

Graubünden

476

443

33

+7.4%

Jura

174

162

12

+7.4%

Lucerne

1’004

1’021

-17

-1.7%

Neuchâtel

399

372

27

+7.3%

Nidwalden

113

137

-24

-17.5%

Obwalden

79

95

-16

-16.8%

St. Gallen

1’209

1’115

94

+8.4%

Schaffhausen

169

178

-9

-5.1%

Solothurn

567

570

-3

-0.5%

Schwyz

661

633

28

+4.4%

Thurgau

571

615

-44

-7.2%

Ticino

1’066

959

107

+11.2%

Uri

55

56

-1

-1.8%

Vaud

2’113

2’276

-163

-7.2%

Valais

1’121

1’070

51

+4.8%

Zug

1’444

1’383

61

+4.4%

Zurich

4’093

4’147

-54

-1.3%

Total for Switzerland

22’631

22’558

73

+0.3%