Latvia vs Montenegro: Gross capital formation (constant LCU), per square kilometre

Latvia
122,265 constant LCU per square kilometre
in 2023
Montenegro
101,726 constant LCU per square kilometre
in 2023
Latvia rank
138th
Montenegro rank
140th

Gross capital formation (constant LCU), per square kilometre over time

  • Latvia
  • Montenegro
050.0k100.0k150.0k199520092023

How they compare

Latvia currently reports 122,265 constant LCU per square kilometre against 101,726 constant LCU per square kilometre in Montenegro, a difference of 20,539 constant LCU per square kilometre.

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

Across all 18 years both countries report, Latvia has been ahead every year.

Latvia ranks 138th and Montenegro ranks 140th of 166 countries.

Latvia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latvia Montenegro Difference Ahead
2000s 124,920 constant LCU per square kilometre 66,028 constant LCU per square kilometre 58,892 constant LCU per square kilometre Latvia
2010s 90,611 constant LCU per square kilometre 67,022 constant LCU per square kilometre 23,590 constant LCU per square kilometre Latvia
2020s 118,903 constant LCU per square kilometre 92,131 constant LCU per square kilometre 26,772 constant LCU per square kilometre Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant lcu), per square kilometre, Latvia or Montenegro?
Latvia, at 122,265 constant LCU per square kilometre against 101,726 constant LCU per square kilometre in Montenegro as of 2023.
What is the difference in gross capital formation (constant lcu), per square kilometre between Latvia and Montenegro?
20,539 constant LCU per square kilometre, with Latvia ahead.
How many years of comparable data are there for Latvia and Montenegro?
18 years are reported by both, from 2006 to 2023.
How do Latvia and Montenegro rank globally for gross capital formation (constant lcu), per square kilometre?
Latvia ranks 138th and Montenegro ranks 140th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Montenegro: Gross capital formation (constant LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu-per-square-kilometre/latvia/montenegro/

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About this data

Indicator
Gross capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) 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.