The number of bankrupts is growing: 2025 may break last year’s record
11 August 2025 13:57
The number of people officially declaring themselves insolvent is growing rapidly in Ukraine. In the first half of 2025, 577 Ukrainians went through bankruptcy proceedings, which is 33% more than in the same period last year. This is reported by "Komersant Ukrainian" with reference to Opendatabot.
In general, most people went bankrupt last year: 926 cases, but this year risks catching up with these figures.
Dynamics over the past five years
According to the Supreme Court, from 2021 to 2025, 2948 bankruptcy cases were opened in Ukraine.
Although the procedure appeared in 2019, its active use began only in 2021.
| Year | Number of cases |
|---|---|
| 2021 | 496 |
| 2022 | 374 |
| 2023 | 575 |
| 2024 | 926 |
| 2025 | 577* |
* for the first half of the year.
The peak was recorded in 2024 – 926 cases, but if the trend continues, 2025 may catch up with these figures.
Who goes bankrupt more often: men or women
In 2021, 52% of all cases involved men and 48% involved women.
The gender gap is not critical and has been maintained almost every year. For example, in 2021, men dominated (57.9%), but in 2022 and 2025, women slightly prevailed.
| Year | Men | Women |
|---|---|---|
| 2021 | 287 | 209 |
| 2022 | 184 | 190 |
| 2023 | 297 | 278 |
| 2024 | 469 | 457 |
| 2025 | 284 | 293 |
Where are the most bankrupts
In 2025, Kyiv is the leader with 128 cases. It is followed by Kyiv region (83 cases) and Lviv(73 applications).
The fewest bankrupts are in Chernivtsi, Poltava, and Luhansk regions. Only one case was registered there.
How to check whether a person is bankrupt
This can be done through Opendatabot – just enter the TIN to get the information in a few seconds.
💬 Expert comment
“The current increase in the number of bankruptcy cases is part of a steady trend that has been going on for several years. The procedure is gradually becoming more predictable: judicial practice is being developed, participants in the process are gaining experience, and the mechanism itself is working more smoothly. At the same time, creditors – banks and financial institutions – are becoming more demanding in terms of debt write-offs or restructuring. It should be understood that bankruptcy proceedings are not a panacea for easy and painless debt relief. The consequences of declaring insolvency will be felt for at least several years,”
– explains Denys Lykhopiok, attorney at law, insolvency officer.
According to him, the issues of tax consequences after the debt is written off and interaction with other court proceedings remain problematic.
According to him, there are still gaps in the procedure that need to be addressed. In particular, it concerns the tax consequences after restructuring and debt write-offs, as well as the interaction with enforcement proceedings and other related court cases, which often remain outside the scope of insolvency cases.
