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New Business Density (New Registrations Per 1,000 People Aged 15-64) in South Africa

Source: World Bank, World Bank
Last Updated: July 1, 2023

New business density in terms of new registrations per 1,000 people aged 15-64 reached 12.5 in 2020 in South Africa, according to the National Statistical Office. This is 17.3% more than in the previous year.

Historically, new business density in terms of new registrations per 1,000 people aged 15-64 in South Africa reached an all time high of 12.5 in 2020 and an all time low of 5.30 in 2011.

South Africa has been ranked 8th within the group of 110 countries we follow in terms of new business density in terms of new registrations per 1,000 people aged 15-64.

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