Iceland vs Saudi Arabia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time
- Iceland
- Saudi Arabia
How they compare
Saudi Arabia currently reports 891,945 million SLC against 764,626 million SLC in Iceland, a difference of 127,319 million SLC.
That makes Saudi Arabia's figure about 1.2 times Iceland's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 56th and Saudi Arabia ranks 53rd of 194 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Saudi Arabia in 2.
Head to head by decade
| Decade | Iceland | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 197,337 million SLC | 88,008 million SLC | 109,330 million SLC | Iceland |
| 1980s | 243,324 million SLC | 133,798 million SLC | 109,526 million SLC | Iceland |
| 1990s | 268,746 million SLC | 141,932 million SLC | 126,813 million SLC | Iceland |
| 2000s | 487,497 million SLC | 298,288 million SLC | 189,209 million SLC | Iceland |
| 2010s | 427,896 million SLC | 646,225 million SLC | 218,329 million SLC | Saudi Arabia |
| 2020s | 662,293 million SLC | 782,835 million SLC | 120,542 million SLC | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, 2015, Iceland or Saudi Arabia?
- Saudi Arabia, at 891,945 million SLC against 764,626 million SLC in Iceland as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, 2015 between Iceland and Saudi Arabia?
- 127,319 million SLC, with Saudi Arabia ahead.
- How many years of comparable data are there for Iceland and Saudi Arabia?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Saudi Arabia rank globally for gross fixed capital formation — value standard local currency, 2015?
- Iceland ranks 56th and Saudi Arabia ranks 53rd of 194 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).