Estonia vs Latvia: Gross capital formation (constant 2015 US$), per capita

Estonia
5,457 constant 2015 US$ per person
in 2025
Latvia
5,519 constant 2015 US$ per person
in 2025
Estonia rank
39th
Latvia rank
38th

Gross capital formation (constant 2015 US$), per capita over time

  • Estonia
  • Latvia
02.0k4.0k6.0k199320092025

How they compare

Latvia currently reports 5,519 constant 2015 US$ per person against 5,457 constant 2015 US$ per person in Estonia, a difference of 62 constant 2015 US$ per person.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 39th and Latvia ranks 38th of 163 countries.

Estonia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 1,523 constant 2015 US$ per person 1,023 constant 2015 US$ per person 500.64 constant 2015 US$ per person Estonia
2000s 3,707 constant 2015 US$ per person 3,133 constant 2015 US$ per person 574.31 constant 2015 US$ per person Estonia
2010s 4,633 constant 2015 US$ per person 3,398 constant 2015 US$ per person 1,235 constant 2015 US$ per person Estonia
2020s 5,620 constant 2015 US$ per person 4,817 constant 2015 US$ per person 803.48 constant 2015 US$ per person Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant 2015 us$), per capita, Estonia or Latvia?
Latvia, at 5,519 constant 2015 US$ per person against 5,457 constant 2015 US$ per person in Estonia as of 2025.
What is the difference in gross capital formation (constant 2015 us$), per capita between Estonia and Latvia?
62 constant 2015 US$ per person, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Estonia and Latvia rank globally for gross capital formation (constant 2015 us$), per capita?
Estonia ranks 39th and Latvia ranks 38th of 163 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Gross capital formation (constant 2015 US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us-per-capita/estonia/latvia/

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About this data

Indicator
Gross capital formation (constant 2015 US$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
203 places, 8,396 data points, 1960–2025
Last refreshed

Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.