Bankruptcies in South Africa remained unchanged at 165 Companies in August from 165 Companies in July of 2021. source: Statistics South Africa

Bankruptcies in South Africa averaged 228.28 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 October of 2021.

Bankruptcies in South Africa is expected to be 200.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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

South Africa Last Unit Reference Previous Highest Lowest
Industrial Production 1.80 percent Aug/21 -4.80 101.80 -48.70
Industrial Production Mom 7.60 percent Aug/21 -8.00 28.00 -43.70
Changes in Inventories -21674.00 ZAR Million Jun/21 -13544.00 97294.00 -142448.00
Bankruptcies 165.00 Companies Aug/21 165.00 511.00 0.00
Electricity Production 21397.00 Gigawatt-hour Aug/21 22258.00 23801.00 10439.00
Mining Production 2.00 percent Aug/21 12.30 117.40 -50.70
Gold Production 17.00 percent Aug/21 13.50 178.30 -60.70

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