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24Peaks / Africa / South Africa / Established Business Ownership

South Africa - Established Business Ownership 5.92

GEM APS · updated 2026-10-03 · 116 economies tracked

Latest value

5.92 (2023)

Global rank

#n/a of 116 economies

Share of global total

1.7%

Growth since 2001

7.13×

Ranking Race — Established Business Ownership

1 = global #1 · higher value ranks higher

#1#12#23#34#45#56#67200120062011201620212024#27#282017 overtook India2023 overtook Panama
South AfricaKorea, Rep.Saudi ArabiaGreeceGuatemala

Real annual global ranks, 2001 - 2024. South Africa climbed from #27 to #28 (overtook India). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2009
Global crisis recession curated

First recession in 17 years.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2017
Overtook India in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2022
Fell 19 places in global rank auto
2023
Overtook Panama in global rank auto
2023
Climbed 20 places in global rank auto

Established Business Ownership, 2001-2023

GEM APS · % of adult population · linear scale · ranking in the race above
2001200620112016202120230.832.534.225.92

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