Latvia vs Uruguay: Gross capital formation
Gross capital formation over time
- Latvia
- Uruguay
How they compare
Uruguay currently reports 11.23 billion constant 2015 US$ against 10.20 billion constant 2015 US$ in Latvia, a difference of 1.03 billion constant 2015 US$.
That makes Uruguay's figure about 1.1 times Latvia's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Uruguay ahead.
Latvia ranks 84th and Uruguay ranks 81st of 162 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Uruguay in 3.
Head to head by decade
| Decade | Latvia | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.48 billion constant 2015 US$ | 6.74 billion constant 2015 US$ | 4.26 billion constant 2015 US$ | Uruguay |
| 2000s | 7.00 billion constant 2015 US$ | 6.44 billion constant 2015 US$ | 559.73 million constant 2015 US$ | Latvia |
| 2010s | 6.74 billion constant 2015 US$ | 10.81 billion constant 2015 US$ | 4.06 billion constant 2015 US$ | Uruguay |
| 2020s | 9.04 billion constant 2015 US$ | 10.94 billion constant 2015 US$ | 1.90 billion constant 2015 US$ | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Latvia or Uruguay?
- Uruguay, at 11.23 billion constant 2015 US$ against 10.20 billion constant 2015 US$ in Latvia as of 2025.
- What is the difference in gross capital formation between Latvia and Uruguay?
- 1.03 billion constant 2015 US$, with Uruguay ahead.
- How many years of comparable data are there for Latvia and Uruguay?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Uruguay rank globally for gross capital formation?
- Latvia ranks 84th and Uruguay ranks 81st of 162 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.