Business late payments increased in 2020

by time news

AGI – In 2020 in Italy the companies that paid their suppliers with more than 30 days of delay increased by 21.9% compared to 2019, thus rising to 12.8% total. Despite this, at the end of last year, the punctuality of Italian companies improved from 35 to 35.7% facendo earn our country a position at European level (from 17th to 16th place) and two worldwide (from 25th to 23rd place).

This is what emerges from the Payments Study, updated to 31 December 2020, carried out by Ceci, a company of the Crif Group specialized in business information, which analyzed the payment habits of companies in 35 countries around the world (23 of which in Europe) which 90% of world GDP.

Singapore and Egypt are the nations that have by far the most serious delays, respectively with 43.2% and 42.8%, while in Europe Greece (38%), Romania (24.8%) did worse than Italy. %), Portugal (20.3%), Croatia (19.1%) and Turkey (15.7%). Compared to 2019, payments over 30 days have soared in percentage terms especially in Mexico (+ 59.1%), Slovenia (+ 43.3%), France (+ 37.5%), Luxembourg and Denmark (+33 , 3% for both) and Taiwan (+ 31.6%).

Despite the significant increase, however, Denmark is also confirmed in 2020 as one of the countries with the least serious delays in absolute terms (0.8%), together with Sweden (0.7%) and Finland (0.9%). Serious delays also increased in the order of 20% for Serbia, Belgium, Ireland and Spain.

And also in China, the percentage of lagging companies went from 26.3% in 2019 to 30.1% in 2020. Andersen’s homeland is, among the 35 countries in the world monitored by the analysis of Ceci, also the one with the largest number of punctual businesses (88.6%), followed by Poland (76%), the Netherlands (75%), Russia (73.7%) and Taiwan (72.5%).

Lagging behind is Romania (13.1%), preceded by Israel (16.2%), Portugal (16.4%), Bulgaria (18.9%) and Greece (23.3%). Compared to 2019, the Philippines (+ 29.3%), India (+ 28.5%), Croatia (+ 22.6%) and Finland (10.2%) recorded the highest increase in timely payments, which they are respectively 56%, 53.7%, 33.6% and 53%.

The most significant involutions, on the other hand, concern Ireland (-38.5%), Romania (-35.5%), Hong Kong (-17.2%) and Israel (-12.4%), where companies that fulfill their payment obligations at maturity are, in order, 28.9%, 13.1%, 28% and 16.2%. Compared to 2019, Ireland (28) loses 11 places in the standings, Luxembourg (12), Mexico (17) and France (22) are down by 3 places, Taiwan (5) and Spain (18) by 2, while India (14) climbs 8 positions and Turkey (8) and Portugal (33) gain 2. Stable, respectively at 11 and 30 place, the United States and China.

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