Latvia vs Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 21 - Investment and

Latvia
5.01 Percentage of GDP
in 2019
Lower-middle income countries (World Bank)
4.4 Percentage of GDP
in 2019
Latvia rank
16th
Lower-middle income countries (World Bank) rank
19th

Africa's Development Dynamics (AfDD) Table 21 - Investment and over time

  • Latvia
  • Lower-middle income countries (World Bank)
123456200020092019

How they compare

Latvia currently reports 5.01 Percentage of GDP against 4.4 Percentage of GDP in Lower-middle income countries (World Bank), a difference of 0.61 Percentage of GDP.

That makes Latvia's figure about 1.1 times Lower-middle income countries (World Bank)'s.

The two have swapped places 7 times across 20 shared years of data; in 2000 it was Lower-middle income countries (World Bank) ahead.

Latvia ranks 16th and Lower-middle income countries (World Bank) ranks 19th of 40 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Lower-middle income countries (World Bank) in 1.

Head to head by decade

Decade Latvia Lower-middle income countries (World Bank) Difference Ahead
2000s 3.31 Percentage of GDP 4.46 Percentage of GDP 1.14 Percentage of GDP Lower-middle income countries (World Bank)
2010s 4.79 Percentage of GDP 4.54 Percentage of GDP 0.2482 Percentage of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher africa's development dynamics (afdd) table 21 - investment and, Latvia or Lower-middle income countries (World Bank)?
Latvia, at 5.01 Percentage of GDP against 4.4 Percentage of GDP in Lower-middle income countries (World Bank) as of 2019.
What is the difference in africa's development dynamics (afdd) table 21 - investment and between Latvia and Lower-middle income countries (World Bank)?
0.61 Percentage of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Lower-middle income countries (World Bank)?
20 years are reported by both, from 2000 to 2019.
How do Latvia and Lower-middle income countries (World Bank) rank globally for africa's development dynamics (afdd) table 21 - investment and?
Latvia ranks 16th and Lower-middle income countries (World Bank) ranks 19th of 40 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 21 - Investment and capital stock — General government investment (gross fixed capital formation). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 21 - Investment and. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/africa-s-development-dynamics-afdd-table-21-investment-and-capital-stock-general/latvia-2/lower-middle-income-countries-world-bank/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 21 - Investment and capital stock — General government investment (gross fixed capital formation)
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
214 places, 4,195 data points, 2000–2019
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 21 shows indicators of investment flows and capital stocks, in US dollars and as a percentage of GDP, including general government investment, public-private partnerships, and private investment.