• The number of informal businesses came to 1.75 million in the final quarter of 2022, fully overcoming a very sharp decline at the start of the pandemic. [...] • The rate of growth in the number of small businesses over the past thirty years was not enough to overcome the disastrous deficit in small enterprise left by apartheid. [...] Indication of shares in national value added and in employment by size of business, sector and ownership (a) Estimated share of value added Employment shares medium small formal formal owners business small formal large formal small formal large formal business waged wagedbusiness large formal owners public sector informal sector informal public sector owners paid informal domestic waged work Note. [...] In the informal sector the share of women entrepreneurs declined steadily from 45% in 2010 to 40% in 2019, with a further fall to 35% in 2022. [...] In contrast, the metros had only 35% of informal businesses in 2010, rising to 39% in 2019 and over 45% in late 2022.
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- South Africa
