Saudi Arabia vs South Africa: Net acquisition of financial assets
Net acquisition of financial assets over time
- Saudi Arabia
- South Africa
How they compare
South Africa currently reports 62.08 billion current LCU against 39.18 billion current LCU in Saudi Arabia, a difference of 22.90 billion current LCU.
That makes South Africa's figure about 1.6 times Saudi Arabia's.
The two have swapped places 2 times across 9 shared years of data; in 2016 it was South Africa ahead.
Saudi Arabia ranks 38th and South Africa ranks 35th of 134 countries.
South Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -77.66 billion current LCU | 53.52 billion current LCU | 131.17 billion current LCU | South Africa |
| 2020s | 27.08 billion current LCU | 36.25 billion current LCU | 9.17 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, Saudi Arabia or South Africa?
- South Africa, at 62.08 billion current LCU against 39.18 billion current LCU in Saudi Arabia as of 2024.
- What is the difference in net acquisition of financial assets between Saudi Arabia and South Africa?
- 22.90 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Saudi Arabia and South Africa?
- 9 years are reported by both, from 2016 to 2024.
- How do Saudi Arabia and South Africa rank globally for net acquisition of financial assets?
- Saudi Arabia ranks 38th 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.