Iceland vs South Africa: Gross Fixed Capital Formation — Value Standard Local Currency, 2015
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time
- Iceland
- South Africa
How they compare
Iceland currently reports 764,626 million SLC against 671,138 million SLC in South Africa, a difference of 93,488 million SLC.
That makes Iceland's figure about 1.1 times South Africa's.
The two have swapped places 9 times across 55 shared years of data; in 1970 it was South Africa ahead.
Iceland ranks 56th and South Africa ranks 57th of 194 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and South Africa in 5.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 197,337 million SLC | 269,054 million SLC | 71,717 million SLC | South Africa |
| 1980s | 243,324 million SLC | 313,989 million SLC | 70,666 million SLC | South Africa |
| 1990s | 268,746 million SLC | 311,846 million SLC | 43,100 million SLC | South Africa |
| 2000s | 487,497 million SLC | 537,518 million SLC | 50,021 million SLC | South Africa |
| 2010s | 427,896 million SLC | 761,432 million SLC | 333,537 million SLC | South Africa |
| 2020s | 662,293 million SLC | 661,629 million SLC | 663.4 million SLC | Iceland |
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 South Africa?
- Iceland, at 764,626 million SLC against 671,138 million SLC in South Africa as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, 2015 between Iceland and South Africa?
- 93,488 million SLC, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and South Africa rank globally for gross fixed capital formation — value standard local currency, 2015?
- Iceland ranks 56th and South Africa ranks 57th 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).