Latvia vs Paraguay: Gross capital formation (current LCU), annual growth rate

Latvia
18.62 % change on previous year
in 2025
Paraguay
20.29 % change on previous year
in 2025
Latvia rank
40th
Paraguay rank
37th

Gross capital formation (current LCU), annual growth rate over time

  • Latvia
  • Paraguay
-50-250255075196319942025

How they compare

Paraguay currently reports 20.29 % change on previous year against 18.62 % change on previous year in Latvia, a difference of 1.67 % change on previous year.

That makes Paraguay's figure about 1.1 times Latvia's.

The two have swapped places 13 times across 30 shared years of data; in 1996 it was Latvia ahead.

Latvia ranks 40th and Paraguay ranks 37th of 186 countries.

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

Head to head by decade

Decade Latvia Paraguay Difference Ahead
1990s 23.26 % change on previous year 7.61 % change on previous year 15.65 % change on previous year Latvia
2000s 16.13 % change on previous year 15.63 % change on previous year 0.5012 % change on previous year Latvia
2010s 5.79 % change on previous year 10.28 % change on previous year 4.49 % change on previous year Paraguay
2020s 7.83 % change on previous year 12.52 % change on previous year 4.7 % change on previous year Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), annual growth rate, Latvia or Paraguay?
Paraguay, at 20.29 % change on previous year against 18.62 % change on previous year in Latvia as of 2025.
What is the difference in gross capital formation (current lcu), annual growth rate between Latvia and Paraguay?
1.67 % change on previous year, with Paraguay ahead.
How many years of comparable data are there for Latvia and Paraguay?
30 years are reported by both, from 1996 to 2025.
How do Latvia and Paraguay rank globally for gross capital formation (current lcu), annual growth rate?
Latvia ranks 40th and Paraguay ranks 37th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Paraguay: Gross capital formation (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-annual-growth-rate/latvia/paraguay/

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About this data

Indicator
Gross capital formation (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,413 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.