Armenia vs Latvia: Gross capital formation (constant 2015 US$), per square kilometre
Armenia
137,717 constant 2015 US$ per square kilometre
in 2023
Latvia
146,211 constant 2015 US$ per square kilometre
in 2023
Armenia rank
69th
Latvia rank
67th
Gross capital formation (constant 2015 US$), per square kilometre over time
- Armenia
- Latvia
How they compare
Latvia currently reports 146,211 constant 2015 US$ per square kilometre against 137,717 constant 2015 US$ per square kilometre in Armenia, a difference of 8,494 constant 2015 US$ per square kilometre.
That makes Latvia's figure about 1.1 times Armenia's.
The two have swapped places 5 times across 29 shared years of data; in 1995 it was Armenia ahead.
Armenia ranks 69th and Latvia ranks 67th of 160 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 34,580 constant 2015 US$ per square kilometre | 39,867 constant 2015 US$ per square kilometre | 5,287 constant 2015 US$ per square kilometre | Latvia |
| 2000s | 86,573 constant 2015 US$ per square kilometre | 112,506 constant 2015 US$ per square kilometre | 25,933 constant 2015 US$ per square kilometre | Latvia |
| 2010s | 86,637 constant 2015 US$ per square kilometre | 108,358 constant 2015 US$ per square kilometre | 21,721 constant 2015 US$ per square kilometre | Latvia |
| 2020s | 113,846 constant 2015 US$ per square kilometre | 142,191 constant 2015 US$ per square kilometre | 28,345 constant 2015 US$ per square kilometre | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (constant 2015 us$), per square kilometre, Armenia or Latvia?
- Latvia, at 146,211 constant 2015 US$ per square kilometre against 137,717 constant 2015 US$ per square kilometre in Armenia as of 2023.
- What is the difference in gross capital formation (constant 2015 us$), per square kilometre between Armenia and Latvia?
- 8,494 constant 2015 US$ per square kilometre, with Latvia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 29 years are reported by both, from 1995 to 2023.
- How do Armenia and Latvia rank globally for gross capital formation (constant 2015 us$), per square kilometre?
- Armenia ranks 69th and Latvia ranks 67th of 160 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (constant 2015 US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.