South Africa vs Venezuela: Gross fixed capital formation (current LCU)
Gross fixed capital formation (current LCU) over time
- South Africa
- Venezuela
How they compare
South Africa currently reports 1.06 trillion current LCU against 754.41 billion current LCU in Venezuela, a difference of 306.19 billion current LCU.
That makes South Africa's figure about 1.4 times Venezuela's.
Across all 66 years both countries report, South Africa has been ahead every year.
South Africa ranks 65th and Venezuela ranks 68th of 181 countries.
South Africa has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Africa | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.82 billion current LCU | 0.0001 current LCU | 1.82 billion current LCU | South Africa |
| 1970s | 8.00 billion current LCU | 0.0004 current LCU | 8.00 billion current LCU | South Africa |
| 1980s | 33.25 billion current LCU | 0.0011 current LCU | 33.25 billion current LCU | South Africa |
| 1990s | 96.35 billion current LCU | 0.0003 current LCU | 96.35 billion current LCU | South Africa |
| 2000s | 318.34 billion current LCU | 0 current LCU | 318.34 billion current LCU | South Africa |
| 2010s | 742.72 billion current LCU | 5.66 million current LCU | 742.71 billion current LCU | South Africa |
| 2020s | 951.02 billion current LCU | 185.04 billion current LCU | 765.98 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, South Africa or Venezuela?
- South Africa, at 1.06 trillion current LCU against 754.41 billion current LCU in Venezuela as of 2025.
- What is the difference in gross fixed capital formation between South Africa and Venezuela?
- 306.19 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for South Africa and Venezuela?
- 66 years are reported by both, from 1960 to 2025.
- How do South Africa and Venezuela rank globally for gross fixed capital formation?
- South Africa ranks 65th and Venezuela ranks 68th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed 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 fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.