Tirol balance sheet of the KSV
Decline in private bankruptcies: Men affected more often
KSV 1870 presents the figures for private bankruptcies in the previous year. A minimal decline was recorded in the "Holy Land". Interesting fact: men are affected significantly more often than women.
The Kreditschutzverband von 1870 (KSV) reports a slight decline in private insolvencies. In 2023, 678 Tyroleans slipped into bankruptcy, compared to "only" 670 in the previous year.
However, it is more likely to be Tyroleans, as men are clearly in the lead with 64%. The average debt per capita was 107,000 euros, whereby it was significantly higher for men (137,000 euros) than for women (65,000 euros).
Majority between 41 and 60 years old
It is also interesting to look at the age of those affected: The majority (48%) were between 41 and 60 years old. 39% of private bankrupts were between 25 and 40 years old. Eleven percent of cases were counted in the over-60 age group.
In contrast, the age group of people under 25 was negligible at just two percent.
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