Bankruptcies in South Africa increased to 219 Companies in November from 178 Companies in October of 2019. Bankruptcies in South Africa averaged 230.99 Companies from 1980 until 2019, reaching an all time high of 511 Companies in August of 2000 and a record low of 63 Companies in May of 1988. source: Statistics South Africa
Bankruptcies in South Africa is expected to be 164.00 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 183.00 in 12 months time. In the long-term, the South Africa Bankruptcies is projected to trend around 220.00 Companies in 2020, according to our econometric models.