Latvia vs World: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Latvia
- World
How they compare
Latvia currently reports 21.7% against 18.8% in World, a difference of 2.9%.
That makes Latvia's figure about 1.2 times World's.
Across all 27 years both countries report, Latvia has been ahead every year.
Latvia ranks 13th and World ranks 10th of 204 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34.7% | 15.8% | 18.9% | Latvia |
| 2000s | 23.9% | 15.8% | 8.0% | Latvia |
| 2010s | 23.6% | 17.2% | 6.5% | Latvia |
| 2020s | 22.0% | 18.8% | 3.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Latvia or World?
- Latvia, at 21.7% against 18.8% in World as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between Latvia and World?
- 2.9%, with Latvia ahead.
- How many years of comparable data are there for Latvia and World?
- 27 years are reported by both, from 1995 to 2021.
- How do Latvia and World rank globally for adjusted savings: consumption of fixed capital?
- Latvia ranks 13th and World ranks 10th of 204 countries.
- 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.
Individual pages
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.