Argentina vs Latvia: Gross capital formation
Argentina
17.7%
in 2025
Latvia
18.3%
in 2025
Argentina rank
19th
Latvia rank
18th
Gross capital formation over time
- Argentina
- Latvia
How they compare
Latvia currently reports 18.3% against 17.7% in Argentina, a difference of 0.6%.
The two have swapped places 14 times across 30 shared years of data; in 1996 it was Latvia ahead.
Argentina ranks 19th and Latvia ranks 18th of 169 countries.
Across the 4 decades both report, Argentina averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Argentina | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.4% | 21.0% | 16.6% | Latvia |
| 2000s | 4.2% | 8.4% | 4.2% | Latvia |
| 2010s | 2.1% | 4.6% | 2.5% | Latvia |
| 2020s | 5.6% | 3.9% | 1.7% | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Argentina or Latvia?
- Latvia, at 18.3% against 17.7% in Argentina as of 2025.
- What is the difference in gross capital formation between Argentina and Latvia?
- 0.6%, with Latvia ahead.
- How many years of comparable data are there for Argentina and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Argentina and Latvia rank globally for gross capital formation?
- Argentina ranks 19th and Latvia ranks 18th of 169 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.