Belgium vs Latvia: Gross capital formation (constant LCU), per unit of GDP

Belgium
0.1697 constant LCU per US$ of GDP
in 2025
Latvia
0.1754 constant LCU per US$ of GDP
in 2025
Belgium rank
137th
Latvia rank
134th

Gross capital formation (constant LCU), per unit of GDP over time

  • Belgium
  • Latvia
00.511.5197019972025

How they compare

Latvia currently reports 0.1754 constant LCU per US$ of GDP against 0.1697 constant LCU per US$ of GDP in Belgium, a difference of 0.0057 constant LCU per US$ of GDP.

The two have swapped places 6 times across 31 shared years of data; in 1995 it was Latvia ahead.

Belgium ranks 137th and Latvia ranks 134th of 170 countries.

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

Head to head by decade

Decade Belgium Latvia Difference Ahead
1990s 0.2652 constant LCU per US$ of GDP 0.3182 constant LCU per US$ of GDP 0.053 constant LCU per US$ of GDP Latvia
2000s 0.25 constant LCU per US$ of GDP 0.3637 constant LCU per US$ of GDP 0.1138 constant LCU per US$ of GDP Latvia
2010s 0.209 constant LCU per US$ of GDP 0.1969 constant LCU per US$ of GDP 0.012 constant LCU per US$ of GDP Belgium
2020s 0.1923 constant LCU per US$ of GDP 0.1864 constant LCU per US$ of GDP 0.006 constant LCU per US$ of GDP Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant lcu), per unit of gdp, Belgium or Latvia?
Latvia, at 0.1754 constant LCU per US$ of GDP against 0.1697 constant LCU per US$ of GDP in Belgium as of 2025.
What is the difference in gross capital formation (constant lcu), per unit of gdp between Belgium and Latvia?
0.0057 constant LCU per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Belgium and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Belgium and Latvia rank globally for gross capital formation (constant lcu), per unit of gdp?
Belgium ranks 137th and Latvia ranks 134th of 170 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Latvia: Gross capital formation (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu-per-unit-of-gdp/belgium/latvia/

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About this data

Indicator
Gross capital formation (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 7,061 data points, 1960–2025
Last refreshed

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