Latvia vs North America: Gross capital formation (constant 2015 US$), annual growth rate
Latvia
18.33 % change on previous year
in 2025
North America
3.22 % change on previous year
in 2024
Latvia rank
17th
North America rank
18th
Gross capital formation (constant 2015 US$), annual growth rate over time
- Latvia
- North America
How they compare
Latvia currently reports 18.33 % change on previous year against 3.22 % change on previous year in North America, a difference of 15.11 % change on previous year.
That makes Latvia's figure about 5.7 times North America's.
The two have swapped places 13 times across 29 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 17th and North America ranks 18th of 163 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and North America in 2.
Head to head by decade
| Decade | Latvia | North America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.02 % change on previous year | 8.21 % change on previous year | 12.81 % change on previous year | Latvia |
| 2000s | 8.37 % change on previous year | 0.1744 % change on previous year | 8.2 % change on previous year | Latvia |
| 2010s | 4.59 % change on previous year | 4.95 % change on previous year | 0.355 % change on previous year | North America |
| 2020s | 0.9887 % change on previous year | 2.67 % change on previous year | 1.68 % change on previous year | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (constant 2015 us$), annual growth rate, Latvia or North America?
- Latvia, at 18.33 % change on previous year against 3.22 % change on previous year in North America as of 2025.
- What is the difference in gross capital formation (constant 2015 us$), annual growth rate between Latvia and North America?
- 15.11 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latvia and North America?
- 29 years are reported by both, from 1996 to 2024.
- How do Latvia and North America rank globally for gross capital formation (constant 2015 us$), annual growth rate?
- Latvia ranks 17th and North America ranks 18th of 163 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.