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

Latvia
146,211 constant 2015 US$ per square kilometre
in 2023
Serbia
169,144 constant 2015 US$ per square kilometre
in 2023
Latvia rank
67th
Serbia rank
65th

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

  • Latvia
  • Serbia
50.0k100.0k150.0k200.0k199520092023

How they compare

Serbia currently reports 169,144 constant 2015 US$ per square kilometre against 146,211 constant 2015 US$ per square kilometre in Latvia, a difference of 22,933 constant 2015 US$ per square kilometre.

That makes Serbia's figure about 1.2 times Latvia's.

The two have swapped places 1 time across 18 shared years of data; in 2006 it was Latvia ahead.

Latvia ranks 67th and Serbia ranks 65th of 160 countries.

Across the 3 decades both report, Latvia averaged higher in 2 and Serbia in 1.

Head to head by decade

Decade Latvia Serbia Difference Ahead
2000s 149,387 constant 2015 US$ per square kilometre 92,297 constant 2015 US$ per square kilometre 57,090 constant 2015 US$ per square kilometre Latvia
2010s 108,358 constant 2015 US$ per square kilometre 93,105 constant 2015 US$ per square kilometre 15,252 constant 2015 US$ per square kilometre Latvia
2020s 142,191 constant 2015 US$ per square kilometre 157,178 constant 2015 US$ per square kilometre 14,987 constant 2015 US$ per square kilometre Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant 2015 us$), per square kilometre, Latvia or Serbia?
Serbia, at 169,144 constant 2015 US$ per square kilometre against 146,211 constant 2015 US$ per square kilometre in Latvia as of 2023.
What is the difference in gross capital formation (constant 2015 us$), per square kilometre between Latvia and Serbia?
22,933 constant 2015 US$ per square kilometre, with Serbia ahead.
How many years of comparable data are there for Latvia and Serbia?
18 years are reported by both, from 2006 to 2023.
How do Latvia and Serbia rank globally for gross capital formation (constant 2015 us$), per square kilometre?
Latvia ranks 67th and Serbia ranks 65th of 160 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant 2015 US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Serbia: 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/latvia/serbia/

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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.