Iceland vs South Africa: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Iceland
- South Africa
How they compare
Iceland currently reports 100.01 billion current LCU against 98.59 billion current LCU in South Africa, a difference of 1.43 billion current LCU.
The two have swapped places 3 times across 52 shared years of data; in 1972 it was South Africa ahead.
Iceland ranks 58th and South Africa ranks 60th of 156 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and South Africa in 2.
Head to head by decade
| Decade | Iceland | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 71.53 million current LCU | 711.88 million current LCU | 640.35 million current LCU | South Africa |
| 1980s | 1.92 billion current LCU | 2.36 billion current LCU | 440.04 million current LCU | South Africa |
| 1990s | 7.57 billion current LCU | 4.62 billion current LCU | 2.95 billion current LCU | Iceland |
| 2000s | 23.84 billion current LCU | 11.52 billion current LCU | 12.32 billion current LCU | Iceland |
| 2010s | 45.62 billion current LCU | 43.02 billion current LCU | 2.60 billion current LCU | Iceland |
| 2020s | 88.93 billion current LCU | 61.31 billion current LCU | 27.62 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Iceland or South Africa?
- Iceland, at 100.01 billion current LCU against 98.59 billion current LCU in South Africa as of 2023.
- What is the difference in net investment in nonfinancial assets between Iceland and South Africa?
- 1.43 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Africa?
- 52 years are reported by both, from 1972 to 2023.
- How do Iceland and South Africa rank globally for net investment in nonfinancial assets?
- Iceland ranks 58th and South Africa ranks 60th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial 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 investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.