As of August 2023, 142 liquidations occurred, which was 15 less than in August the previous year. In the period under review, the highest number of liquidations occurred in August 2020, with 228 recorded. The number of business closures fluctuated between the years 2020 to 2023. However, there is a steady decrease in the overall number of liquidations.
Total number of monthly liquidations in South Africa from 2020 to 2023
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2020
2021
2022
2023
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Liquidation is a procedure which results in the official closure of a company/close corporation. It may be carried out on a voluntary or compulsory basis.
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Statistics South Africa. (September 26, 2023). Total number of monthly liquidations in South Africa from 2020 to 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/
Statistics South Africa. "Total number of monthly liquidations in South Africa from 2020 to 2023." Chart. September 26, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/
Statistics South Africa. (2023). Total number of monthly liquidations in South Africa from 2020 to 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/
Statistics South Africa. "Total Number of Monthly Liquidations in South Africa from 2020 to 2023." Statista, Statista Inc., 26 Sep 2023, https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/
Statistics South Africa, Total number of monthly liquidations in South Africa from 2020 to 2023 Statista, https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/ (last visited August 24, 2024)
Total number of monthly liquidations in South Africa from 2020 to 2023 [Graph], Statistics South Africa, September 26, 2023. [Online]. Available: https://www.statista.com/statistics/1382303/total-number-of-monthly-liquidations-in-south-africa/