Korea vs Latvia: Annual capital formation by economic activity — Gross fixed capital
Annual capital formation by economic activity — Gross fixed capital over time
- Korea
- Latvia
How they compare
Latvia currently reports 140.76 Index against 122.58 Index in Korea, a difference of 18.18 Index.
That makes Latvia's figure about 1.1 times Korea's.
The two have swapped places 5 times across 30 shared years of data; in 1995 it was Korea ahead.
Korea ranks 3rd and Latvia ranks 3rd of 3 groups.
Across the 4 decades both report, Korea averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 45.54 Index | 19.87 Index | 25.67 Index | Korea |
| 2000s | 63.16 Index | 46.02 Index | 17.14 Index | Korea |
| 2010s | 89.46 Index | 79.64 Index | 9.82 Index | Korea |
| 2020s | 113.83 Index | 118.91 Index | 5.09 Index | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual capital formation by economic activity — gross fixed capital, Korea or Latvia?
- Latvia, at 140.76 Index against 122.58 Index in Korea as of 2024.
- What is the difference in annual capital formation by economic activity — gross fixed capital between Korea and Latvia?
- 18.18 Index, with Latvia ahead.
- How many years of comparable data are there for Korea and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Korea and Latvia rank globally for annual capital formation by economic activity — gross fixed capital?
- Korea ranks 3rd and Latvia ranks 3rd of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual capital formation by economic activity — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This table presents gross capital formation, gross fixed capital formation (GFCF, or investment), changes in inventories and acquisition less disposals of valuables broken down by detailed industries based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). GFCF is also available broken down by type of non-financial asset, which can be selected using the ‘Financial instruments and non-financial assets’ filter. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but it is also possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE8A dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org