Iceland vs South America: Gross Fixed Capital Formation — Value US$, annual growth rate
Iceland
13.2 % change on previous year
in 2024
South America
-0.3026 % change on previous year
in 2024
Iceland rank
29th
South America rank
28th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Iceland
- South America
How they compare
Iceland currently reports 13.2 % change on previous year against -0.3026 % change on previous year in South America, a difference of 13.5 % change on previous year.
That makes Iceland's figure about 43.6 times South America's.
The two have swapped places 22 times across 54 shared years of data; in 1971 it was Iceland ahead.
Iceland ranks 29th and South America ranks 28th of 235 countries.
Across the 6 decades both report, Iceland averaged higher in 5 and South America in 1.
Head to head by decade
| Decade | Iceland | South America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.9 % change on previous year | 18.12 % change on previous year | 3.78 % change on previous year | Iceland |
| 1980s | 6.18 % change on previous year | 4.22 % change on previous year | 1.96 % change on previous year | Iceland |
| 1990s | 6.81 % change on previous year | 5.5 % change on previous year | 1.31 % change on previous year | Iceland |
| 2000s | 4.87 % change on previous year | 11.73 % change on previous year | 6.86 % change on previous year | South America |
| 2010s | 10.51 % change on previous year | 1.24 % change on previous year | 9.27 % change on previous year | Iceland |
| 2020s | 11.54 % change on previous year | 5.28 % change on previous year | 6.26 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Iceland or South America?
- Iceland, at 13.2 % change on previous year against -0.3026 % change on previous year in South America as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Iceland and South America?
- 13.5 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and South America?
- 54 years are reported by both, from 1971 to 2024.
- How do Iceland and South America rank globally for gross fixed capital formation — value us$, annual growth rate?
- Iceland ranks 29th and South America ranks 28th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.