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New Businesses Registered (Number of Limited Companies) in South Africa

Source: World Bank, World Bank
Last Updated: April 1, 2022

New businesses registered in terms of a number of limited companies reached 486,900 firms in 2020 in South Africa, according to the National Statistical Office. This is 18.9% more than in the previous year.

Historically, new businesses registered in terms of a number of limited companies in South Africa reached an all time high of 486,900 firms in 2020 and an all time low of 162,715 firms in 2004.

South Africa has been ranked 2nd within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.

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