South Africa vs Venezuela, Bolivarian Republic of: Gross capital formation
Gross capital formation over time
- South Africa
- Venezuela, Bolivarian Republic of
How they compare
South Africa currently reports 1.06 trillion current LCU against 977.39 billion current LCU in Venezuela, Bolivarian Republic of, a difference of 82.63 billion current LCU.
That makes South Africa's figure about 1.1 times Venezuela, Bolivarian Republic of's.
Across all 66 years both countries report, South Africa has been ahead every year.
South Africa ranks 65th and Venezuela, Bolivarian Republic of ranks 68th of 187 countries.
South Africa has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Africa | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.04 billion current LCU | 0.0001 current LCU | 2.04 billion current LCU | South Africa |
| 1970s | 8.07 billion current LCU | 0.0005 current LCU | 8.07 billion current LCU | South Africa |
| 1980s | 33.00 billion current LCU | 0.0011 current LCU | 33.00 billion current LCU | South Africa |
| 1990s | 98.71 billion current LCU | 0.0002 current LCU | 98.71 billion current LCU | South Africa |
| 2000s | 327.02 billion current LCU | 0 current LCU | 327.02 billion current LCU | South Africa |
| 2010s | 756.53 billion current LCU | 6.87 million current LCU | 756.52 billion current LCU | South Africa |
| 2020s | 950.98 billion current LCU | 239.34 billion current LCU | 711.64 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, South Africa or Venezuela, Bolivarian Republic of?
- South Africa, at 1.06 trillion current LCU against 977.39 billion current LCU in Venezuela, Bolivarian Republic of as of 2025.
- What is the difference in gross capital formation between South Africa and Venezuela, Bolivarian Republic of?
- 82.63 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for South Africa and Venezuela, Bolivarian Republic of?
- 66 years are reported by both, from 1960 to 2025.
- How do South Africa and Venezuela, Bolivarian Republic of rank globally for gross capital formation?
- South Africa ranks 65th and Venezuela, Bolivarian Republic of ranks 68th of 187 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.
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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.