European Union vs Latvia: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- European Union
- Latvia
How they compare
Latvia currently reports 21.7% against 18.4% in European Union, a difference of 3.3%.
That makes Latvia's figure about 1.2 times European Union's.
Across all 27 years both countries report, Latvia has been ahead every year.
European Union ranks 12th and Latvia ranks 13th of 47 groups.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | European Union | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.5% | 34.7% | 19.2% | Latvia |
| 2000s | 16.2% | 23.9% | 7.7% | Latvia |
| 2010s | 17.4% | 23.6% | 6.2% | Latvia |
| 2020s | 18.6% | 22.0% | 3.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, European Union or Latvia?
- Latvia, at 21.7% against 18.4% in European Union as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between European Union and Latvia?
- 3.3%, with Latvia ahead.
- How many years of comparable data are there for European Union and Latvia?
- 27 years are reported by both, from 1995 to 2021.
- How do European Union and Latvia rank globally for adjusted savings: consumption of fixed capital?
- European Union ranks 12th and Latvia ranks 13th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.