Albania vs Latvia: Gross capital formation (constant 2015 US$), per square kilometre

Albania
144,032 constant 2015 US$ per square kilometre
in 2023
Latvia
146,211 constant 2015 US$ per square kilometre
in 2023
Albania rank
68th
Latvia rank
67th

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

  • Albania
  • Latvia
050.0k100.0k150.0k200.0k199520092023

How they compare

Latvia currently reports 146,211 constant 2015 US$ per square kilometre against 144,032 constant 2015 US$ per square kilometre in Albania, a difference of 2,179 constant 2015 US$ per square kilometre.

The two have swapped places 10 times across 29 shared years of data; in 1995 it was Latvia ahead.

Albania ranks 68th and Latvia ranks 67th of 160 countries.

Across the 4 decades both report, Albania averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Albania Latvia Difference Ahead
1990s 34,286 constant 2015 US$ per square kilometre 39,867 constant 2015 US$ per square kilometre 5,581 constant 2015 US$ per square kilometre Latvia
2000s 112,468 constant 2015 US$ per square kilometre 112,506 constant 2015 US$ per square kilometre 38.34 constant 2015 US$ per square kilometre Latvia
2010s 119,995 constant 2015 US$ per square kilometre 108,358 constant 2015 US$ per square kilometre 11,638 constant 2015 US$ per square kilometre Albania
2020s 144,009 constant 2015 US$ per square kilometre 142,191 constant 2015 US$ per square kilometre 1,818 constant 2015 US$ per square kilometre Albania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant 2015 us$), per square kilometre, Albania or Latvia?
Latvia, at 146,211 constant 2015 US$ per square kilometre against 144,032 constant 2015 US$ per square kilometre in Albania as of 2023.
What is the difference in gross capital formation (constant 2015 us$), per square kilometre between Albania and Latvia?
2,179 constant 2015 US$ per square kilometre, with Latvia ahead.
How many years of comparable data are there for Albania and Latvia?
29 years are reported by both, from 1995 to 2023.
How do Albania and Latvia rank globally for gross capital formation (constant 2015 us$), per square kilometre?
Albania ranks 68th and Latvia ranks 67th of 160 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant 2015 US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Latvia: Gross capital formation (constant 2015 US$), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-2015-us-per-square-kilometre/albania/latvia/

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About this data

Indicator
Gross capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,878 data points, 1961–2023
Last refreshed

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