PwC’s Insolvency Barometer for 2025 found that the rate of insolvencies stood at 27 per 10,000 companies. Photograph: ThinkstockIrish corporate insolvencies fell slightly last year from a six-year high in 2024 but the number of company collapses could accelerate if unemployment continues to rise, according to PwC. The firm said the insolvency rate has been stable over the past three years, notwithstanding quarterly fluctuations, crediting it to the strength of the Irish economy. PwC’s Insolvency Barometer for 2025 found that the rate of insolvencies stood at 27 per 10,000 companies, or some 848 insolvencies in the year. The firm noted, however, that an increasing unemployment rate historically points to increasing levels of insolvencies, a 1 per cent increase in the unemployment would be expected to see an additional 245 insolvencies.

Source: The Irish Times January 05, 2026 12:02 UTC