Australia vs South Africa: Net acquisition of financial assets
Net acquisition of financial assets over time
- Australia
- South Africa
How they compare
South Africa currently reports 62.08 billion current LCU against 50.08 billion current LCU in Australia, a difference of 12.00 billion current LCU.
That makes South Africa's figure about 1.2 times Australia's.
The two have swapped places 13 times across 29 shared years of data; in 1990 it was South Africa ahead.
Australia ranks 37th and South Africa ranks 35th of 134 countries.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -4.17 billion current LCU | -1.48 billion current LCU | 2.70 billion current LCU | South Africa |
| 2000s | 19.53 billion current LCU | 41.11 billion current LCU | 21.57 billion current LCU | South Africa |
| 2010s | 18.49 billion current LCU | 41.34 billion current LCU | 22.85 billion current LCU | South Africa |
| 2020s | 41.44 billion current LCU | 42.96 billion current LCU | 1.53 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Australia or South Africa?
- South Africa, at 62.08 billion current LCU against 50.08 billion current LCU in Australia as of 2024.
- What is the difference in net acquisition of financial assets between Australia and South Africa?
- 12.00 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Australia and South Africa?
- 29 years are reported by both, from 1990 to 2022.
- How do Australia and South Africa rank globally for net acquisition of financial assets?
- Australia ranks 37th and South Africa ranks 35th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.