Europe & Central Asia vs Latvia: Gross capital formation (constant 2015 US$), annual growth rate
Europe & Central Asia
3.62 % change on previous year
in 2025
Latvia
18.33 % change on previous year
in 2025
Europe & Central Asia rank
15th
Latvia rank
17th
Gross capital formation (constant 2015 US$), annual growth rate over time
- Europe & Central Asia
- Latvia
How they compare
Latvia currently reports 18.33 % change on previous year against 3.62 % change on previous year in Europe & Central Asia, a difference of 14.71 % change on previous year.
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 17th 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 | 2.67 % change on previous year | 21.02 % change on previous year | 18.35 % change on previous year | Latvia |
| 2000s | 1.39 % change on previous year | 8.37 % change on previous year | 6.98 % change on previous year | Latvia |
| 2010s | 2.86 % change on previous year | 4.59 % change on previous year | 1.74 % change on previous year | Latvia |
| 2020s | 1.41 % change on previous year | 3.88 % change on previous year | 2.47 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (constant 2015 us$), annual growth rate, Europe & Central Asia or Latvia?
- Latvia, at 18.33 % change on previous year against 3.62 % change on previous year in Europe & Central Asia as of 2025.
- What is the difference in gross capital formation (constant 2015 us$), annual growth rate between Europe & Central Asia and Latvia?
- 14.71 % change on previous year, 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 (constant 2015 us$), annual growth rate?
- Europe & Central Asia ranks 15th and Latvia ranks 17th of 40 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.