Iceland vs South Africa: Net acquisition of financial assets
Net acquisition of financial assets over time
- Iceland
- South Africa
How they compare
Iceland currently reports 66.86 billion current LCU against 62.08 billion current LCU in South Africa, a difference of 4.77 billion current LCU.
That makes Iceland's figure about 1.1 times South Africa's.
The two have swapped places 8 times across 34 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 34th and South Africa ranks 35th of 134 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and South Africa in 2.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.86 billion current LCU | -1.48 billion current LCU | 5.33 billion current LCU | Iceland |
| 2000s | 106.02 billion current LCU | 28.84 billion current LCU | 77.17 billion current LCU | Iceland |
| 2010s | -7.50 billion current LCU | 41.34 billion current LCU | 48.84 billion current LCU | South Africa |
| 2020s | 13.47 billion current LCU | 29.79 billion current LCU | 16.32 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, Iceland or South Africa?
- Iceland, at 66.86 billion current LCU against 62.08 billion current LCU in South Africa as of 2023.
- What is the difference in net acquisition of financial assets between Iceland and South Africa?
- 4.77 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 34 years are reported by both, from 1990 to 2023.
- How do Iceland and South Africa rank globally for net acquisition of financial assets?
- Iceland ranks 34th 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.
Individual pages
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.