European Union vs Latvia: Gross capital formation (constant 2015 US$), annual growth rate
European Union
4 % change on previous year
in 2025
Latvia
18.33 % change on previous year
in 2025
European Union rank
14th
Latvia rank
17th
Gross capital formation (constant 2015 US$), annual growth rate over time
- European Union
- Latvia
How they compare
Latvia currently reports 18.33 % change on previous year against 4 % change on previous year in European Union, a difference of 14.33 % change on previous year.
That makes Latvia's figure about 4.6 times European Union's.
The two have swapped places 12 times across 30 shared years of data; in 1996 it was Latvia ahead.
European Union ranks 14th 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 | European Union | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.86 % change on previous year | 21.02 % change on previous year | 17.17 % change on previous year | Latvia |
| 2000s | 0.6499 % change on previous year | 8.37 % change on previous year | 7.72 % change on previous year | Latvia |
| 2010s | 2.76 % change on previous year | 4.59 % change on previous year | 1.84 % change on previous year | Latvia |
| 2020s | 0.6981 % change on previous year | 3.88 % change on previous year | 3.18 % 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$), annual growth rate, European Union or Latvia?
- Latvia, at 18.33 % change on previous year against 4 % change on previous year in European Union as of 2025.
- What is the difference in gross capital formation (constant 2015 us$), annual growth rate between European Union and Latvia?
- 14.33 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for European Union and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do European Union and Latvia rank globally for gross capital formation (constant 2015 us$), annual growth rate?
- European Union ranks 14th and Latvia ranks 17th of 40 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (constant 2015 US$), 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.