Global insolvency year in review 2024
The year 2024 was marked by unprecedented challenges and opportunities for the global insolvency landscape.
By PwC
The year 2024 was marked by unprecedented challenges and opportunities for the global insolvency landscape, as the world continued to grapple with the high interest rates, persistent inflation, the acceleration of digital transformation, the softening of consumer confidence and its impact on retailers and those who sell big ticket items, and the emergence of new geopolitical and regulatory risks.
The global PwC insolvency team, drawing on their extensive experience and insights from across our network of over 140 countries, has prepared this year-in-review article to highlight the key trends, developments and best practices that shaped the insolvency sector in 2024, and to offer some perspectives on the outlook and implications for 2025 and beyond.