Latvia vs Least developed countries: Gross capital formation
Gross capital formation over time
- Latvia
- Least developed countries
How they compare
Latvia currently reports 18.3% against 2.9% in Least developed countries, a difference of 15.4%.
That makes Latvia's figure about 6.3 times Least developed countries's.
The two have swapped places 12 times across 23 shared years of data; in 2003 it was Latvia ahead.
Latvia ranks 18th and Least developed countries ranks 21st of 169 countries.
Least developed countries has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.8% | 9.4% | 2.5% | Least developed countries |
| 2010s | 4.6% | 7.0% | 2.4% | Least developed countries |
| 2020s | 3.9% | 4.2% | 0.3% | Least developed countries |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Latvia or Least developed countries?
- Latvia, at 18.3% against 2.9% in Least developed countries as of 2025.
- What is the difference in gross capital formation between Latvia and Least developed countries?
- 15.4%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Least developed countries?
- 23 years are reported by both, from 2003 to 2025.
- How do Latvia and Least developed countries rank globally for gross capital formation?
- Latvia ranks 18th and Least developed countries ranks 21st 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.