Bankruptcies in South Africa increased to 228 Companies in August from 193 Companies in July of 2020. source: Statistics South Africa

Bankruptcies in South Africa averaged 229.43 Companies from 1980 until 2020, reaching an all time high of 511 Companies in August of 2000 and a record low of 0 Companies in April of 2020. This page provides - South Africa Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Bankruptcies - values, historical data and charts - was last updated on October of 2020.

Bankruptcies in South Africa is expected to be 290.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in South Africa to stand at 250.00 in 12 months time. In the long-term, the South Africa Bankruptcies is projected to trend around 220.00 Companies in 2021 and 240.00 Companies in 2022, according to our econometric models.

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South Africa Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
228.00 193.00 511.00 0.00 1980 - 2020 Companies Monthly
Volume, NSA

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 24.00 5.00 92.00 5.00 points [+]
Manufacturing PMI 58.30 57.30 58.30 38.38 points [+]
Industrial Production -10.80 -10.20 18.50 -48.90 percent [+]
Industrial Production Mom 3.60 5.90 28.50 -44.00 percent [+]
Capacity Utilization 61.20 80.00 86.20 61.20 percent [+]
Changes in Inventories -74041.00 -66025.00 66699.00 -74041.00 ZAR Million [+]
Bankruptcies 228.00 193.00 511.00 0.00 Companies [+]
Total Vehicle Sales 37400.00 33290.00 65689.00 574.00 [+]
Car Registrations 22798.00 19545.00 43659.00 105.00 [+]
Leading Economic Index 3.70 2.60 4.60 -6.80 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 312.50 330.00 885.00 3.00 Thousand Tonnes [+]
Mining Production -3.30 -6.50 23.20 -50.20 percent [+]
Coincident Index 85.70 85.80 141.17 70.10 points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 49.40 45.30 52.70 32.50 points [+]
Corruption Index 44.00 43.00 56.80 41.00 Points [+]
Corruption Rank 70.00 73.00 73.00 23.00 [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 20978.00 21542.00 23801.00 10439.00 Gigawatt-hour [+]
Gold Production -14.80 -10.10 75.70 -60.70 percent [+]


South Africa Bankruptcies
In South Africa, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.