Latvia vs Nicaragua: Gross capital formation (constant 2015 US$), annual growth rate

Latvia
18.33 % change on previous year
in 2025
Nicaragua
17.13 % change on previous year
in 2025
Latvia rank
17th
Nicaragua rank
19th

Gross capital formation (constant 2015 US$), annual growth rate over time

  • Latvia
  • Nicaragua
-2000200400196119932025

How they compare

Latvia currently reports 18.33 % change on previous year against 17.13 % change on previous year in Nicaragua, a difference of 1.2 % change on previous year.

That makes Latvia's figure about 1.1 times Nicaragua's.

The two have swapped places 12 times across 30 shared years of data; in 1996 it was Latvia ahead.

Latvia ranks 17th and Nicaragua ranks 19th of 163 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Nicaragua in 1.

Head to head by decade

Decade Latvia Nicaragua Difference Ahead
1990s 21.02 % change on previous year 19 % change on previous year 2.02 % change on previous year Latvia
2000s 8.37 % change on previous year -1.5 % change on previous year 9.88 % change on previous year Latvia
2010s 4.59 % change on previous year 2.54 % change on previous year 2.05 % change on previous year Latvia
2020s 3.88 % change on previous year 15.25 % change on previous year 11.37 % change on previous year Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant 2015 us$), annual growth rate, Latvia or Nicaragua?
Latvia, at 18.33 % change on previous year against 17.13 % change on previous year in Nicaragua as of 2025.
What is the difference in gross capital formation (constant 2015 us$), annual growth rate between Latvia and Nicaragua?
1.2 % change on previous year, with Latvia ahead.
How many years of comparable data are there for Latvia and Nicaragua?
30 years are reported by both, from 1996 to 2025.
How do Latvia and Nicaragua rank globally for gross capital formation (constant 2015 us$), annual growth rate?
Latvia ranks 17th and Nicaragua ranks 19th of 163 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Nicaragua: Gross capital formation (constant 2015 US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us-annual-growth-rate/latvia/nicaragua/

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About this data

Indicator
Gross capital formation (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
203 places, 8,192 data points, 1961–2025
Last refreshed

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.