Bankruptcies in South Africa increased to 178 Companies in February from 122 Companies in January of 2021. source: Statistics South Africa

Bankruptcies in South Africa averaged 228.97 Companies from 1980 until 2021, 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 April of 2021.

Bankruptcies in South Africa is expected to be 190.00 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 220.00 in 12 months time. In the long-term, the South Africa Bankruptcies is projected to trend around 180.00 Companies in 2022 and 230.00 Companies in 2023, according to our econometric models.

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South Africa Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
178.00 122.00 511.00 0.00 1980 - 2021 Companies Monthly
Volume, NSA

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 35.00 40.00 92.00 5.00 points [+]
Manufacturing PMI 57.40 53.00 60.90 30.32 points [+]
Industrial Production -2.10 -4.20 18.50 -48.70 percent [+]
Industrial Production Mom -1.20 0.00 28.00 -43.70 percent [+]
Capacity Utilization 78.10 73.10 86.20 61.20 percent [+]
Changes in Inventories -115051.00 -144150.00 66699.00 -144150.00 ZAR Million [+]
Bankruptcies 178.00 122.00 511.00 0.00 Companies [+]
Total Vehicle Sales 44217.00 37521.00 65689.00 574.00 [+]
Car Registrations 27330.00 24270.00 43659.00 105.00 [+]
Leading Economic Index 2.10 0.50 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 292.30 325.60 885.00 3.00 Thousand Tonnes [+]
Mining Production 0.80 -8.40 23.20 -49.30 percent [+]
Coincident Index 94.00 94.30 141.17 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 50.30 50.20 52.70 32.50 points [+]
Corruption Index 44.00 44.00 56.80 41.00 Points [+]
Corruption Rank 69.00 70.00 73.00 23.00 [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 18566.00 19772.00 23801.00 10439.00 Gigawatt-hour [+]
Gold Production -8.70 -14.10 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.