Cuba vs Latvia: Gross capital formation
Gross capital formation over time
- Cuba
- Latvia
How they compare
Latvia currently reports 8.53 billion constant LCU against 8.30 billion constant LCU in Cuba, a difference of 228.01 million constant LCU.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Cuba ahead.
Cuba ranks 136th and Latvia ranks 135th of 169 countries.
Across the 4 decades both report, Cuba averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Cuba | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.33 billion constant LCU | 2.07 billion constant LCU | 1.26 billion constant LCU | Cuba |
| 2000s | 4.72 billion constant LCU | 5.85 billion constant LCU | 1.14 billion constant LCU | Latvia |
| 2010s | 7.59 billion constant LCU | 5.64 billion constant LCU | 1.95 billion constant LCU | Cuba |
| 2020s | 8.18 billion constant LCU | 7.36 billion constant LCU | 822.94 million constant LCU | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Cuba or Latvia?
- Latvia, at 8.53 billion constant LCU against 8.30 billion constant LCU in Cuba as of 2025.
- What is the difference in gross capital formation between Cuba and Latvia?
- 228.01 million constant LCU, with Latvia ahead.
- How many years of comparable data are there for Cuba and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Cuba and Latvia rank globally for gross capital formation?
- Cuba ranks 136th and Latvia ranks 135th of 169 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 varies by country. This series is expressed in local currency units.