Latvia vs World: Gross capital formation
Latvia
18.3%
in 2025
World
2.9%
in 2025
Latvia rank
18th
World rank
20th
Gross capital formation over time
- Latvia
- World
How they compare
Latvia currently reports 18.3% against 2.9% in World, a difference of 15.4%.
That makes Latvia's figure about 6.4 times World's.
The two have swapped places 14 times across 30 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 18th and World ranks 20th of 168 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and World in 1.
Head to head by decade
| Decade | Latvia | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.0% | 0.4% | 20.6% | Latvia |
| 2000s | 8.4% | 4.0% | 4.4% | Latvia |
| 2010s | 4.6% | 4.6% | 0.0% | World |
| 2020s | 3.9% | 2.5% | 1.4% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Latvia or World?
- Latvia, at 18.3% against 2.9% in World as of 2025.
- What is the difference in gross capital formation between Latvia and World?
- 15.4%, with Latvia ahead.
- How many years of comparable data are there for Latvia and World?
- 30 years are reported by both, from 1996 to 2025.
- How do Latvia and World rank globally for gross capital formation?
- Latvia ranks 18th and World ranks 20th of 168 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.