Business

Bankruptcy Filings in Puerto Rico Rose 3.2% in October

Published Nov 3, 2026, 10:41 AM ASTvia Sin Comillas

Why this matters: Bankruptcy filings have now climbed five months in a row on the island, with 49 businesses, including 29 beauty salons, seeking court protection in October alone, a sign of mounting strain on small local commerce.

Puerto Rico saw 586 bankruptcy filings in October, 3.2% more than in the same month last year, according to data from Boletín de Puerto Rico. It was the fifth consecutive monthly increase and the highest number of bankruptcies for an October since 2019. In the first ten months of 2026, 5,283 bankruptcies were filed, up 4.8% from the same period last year.

Businesses accounted for 49 of October’s filings, an 8.4% increase over October 2025 and the highest business bankruptcy count in three months; 29 of those cases were beauty salons. Between January and October, 446 commercial bankruptcies were filed. Boletín de Puerto Rico projects that 2026 will end with about 6,340 bankruptcies, a 6.8% rise over 2025, which would be the highest total since 2019 and a fourth consecutive annual increase.

In 2025, total bankruptcies reached 5,939, the highest figure since 2019, up 4.0% from 2024, when bankruptcies had grown 28.8%.

SourceSin Comillas

More in Business