There were 848 insolvencies recorded in 2025, according to the latest PwC Insolvency Barometer.
This was a slight decrease from 868 in 2024, but still higher than the 736 insolvencies in 2023.
PwC’s analysis reveals an average of 204 insolvencies each quarter since the start of 2023.
These steady figures highlight that, despite some quarterly fluctuations, insolvency levels remain consistent over the past three years.
PwC said the consistent figures are a result of Ireland’s recent robust economic performance and demonstrates the resilience of Irish businesses to navigate the many current macro-economic challenges.
Ken Tyrrell, Business Recovery Partner, PwC Ireland, commented: “Despite geopolitical…