Liquidation & Insolvency Statistics: Nov. 2019

January 2020

The total number of liquidations increased by 56,4% in November 2019 compared with November 2018. Compulsory liquidations increased by 41 cases while voluntary liquidations increased by 38 cases.

The total number of liquidations recorded for the first eleven months of 2019 increased by 12,0% compared with the first eleven months of 2018.

The estimated number of insolvencies increased by 23,0% in the three months ended October 2019 compared with the three months ended October 2018. A 15,9% increase was estimated in October 2019 compared with October 2018.

Seasonally adjusted insolvencies increased by 5,8% in October 2019 compared with September 2019. This followed month-on-month changes of -8,2% in September 2019 and -11,9% in August 2019.

Statistical Release P0043

stats sa

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