Iceland vs South Africa: Gross capital formation
Gross capital formation over time
- Iceland
- South Africa
How they compare
Iceland currently reports 1.32 trillion current LCU against 1.06 trillion current LCU in South Africa, a difference of 256.86 billion current LCU.
That makes Iceland's figure about 1.2 times South Africa's.
The two have swapped places 7 times across 56 shared years of data; in 1970 it was South Africa ahead.
Iceland ranks 63rd and South Africa ranks 65th of 186 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and South Africa in 4.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 955.47 million current LCU | 8.07 billion current LCU | 7.12 billion current LCU | South Africa |
| 1980s | 30.44 billion current LCU | 33.00 billion current LCU | 2.55 billion current LCU | South Africa |
| 1990s | 102.38 billion current LCU | 98.71 billion current LCU | 3.68 billion current LCU | Iceland |
| 2000s | 279.22 billion current LCU | 327.02 billion current LCU | 47.80 billion current LCU | South Africa |
| 2010s | 427.99 billion current LCU | 756.53 billion current LCU | 328.54 billion current LCU | South Africa |
| 2020s | 995.90 billion current LCU | 950.98 billion current LCU | 44.92 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Iceland or South Africa?
- Iceland, at 1.32 trillion current LCU against 1.06 trillion current LCU in South Africa as of 2025.
- What is the difference in gross capital formation between Iceland and South Africa?
- 256.86 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 56 years are reported by both, from 1970 to 2025.
- How do Iceland and South Africa rank globally for gross capital formation?
- Iceland ranks 63rd and South Africa ranks 65th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.