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24Peaks / Africa / South Africa / Number of New Business Registrations and Bankruptcies

South Africa - Number of New Business Registrations and Bankruptcies 494,475

World Bank WDI · updated 2026-10-15 · 183 economies tracked

Latest value

494,475 (2024)

Global rank

#n/a of 183 economies

vs global median

40.8×

Growth since 2006

1.82×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#3#5#7#9#1120062011201620212024#4#32011 overtook Russia2016 overtook Brazil
South AfricaBrazilUnited KingdomAustraliaChina

Real annual global ranks, 2006 - 2024. South Africa climbed from #4 to #3 (overtook Russia). 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.

2011
Overtook Russia in global rank auto
2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2016
Overtook Brazil in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

Number of New Business Registrations and Bankruptcies, 2006-2024

World Bank WDI · Number · linear scale · ranking in the race above
20062011201620212024178,811284,032389,254494,475

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Related indicators

Number of Import Partners, Number of Export Partners

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