Europe & Central Asia vs Latvia: Gross capital formation
Europe & Central Asia
3.6%
in 2025
Latvia
18.3%
in 2025
Europe & Central Asia rank
15th
Latvia rank
18th
Gross capital formation over time
- Europe & Central Asia
- Latvia
How they compare
Latvia currently reports 18.3% against 3.6% in Europe & Central Asia, a difference of 14.7%.
That makes Latvia's figure about 5.1 times Europe & Central Asia's.
The two have swapped places 14 times across 30 shared years of data; in 1996 it was Latvia ahead.
Europe & Central Asia ranks 15th and Latvia ranks 18th of 40 groups.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.7% | 21.0% | 18.4% | Latvia |
| 2000s | 1.4% | 8.4% | 7.0% | Latvia |
| 2010s | 2.9% | 4.6% | 1.7% | Latvia |
| 2020s | 1.4% | 3.9% | 2.5% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Europe & Central Asia or Latvia?
- Latvia, at 18.3% against 3.6% in Europe & Central Asia as of 2025.
- What is the difference in gross capital formation between Europe & Central Asia and Latvia?
- 14.7%, with Latvia ahead.
- How many years of comparable data are there for Europe & Central Asia and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Europe & Central Asia and Latvia rank globally for gross capital formation?
- Europe & Central Asia ranks 15th and Latvia ranks 18th of 40 groups.
- 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.