Albania vs Latvia: Gross capital formation (current US$), annual growth rate
Albania
22.52 % change on previous year
in 2024
Latvia
23.84 % change on previous year
in 2025
Albania rank
27th
Latvia rank
24th
Gross capital formation (current US$), annual growth rate over time
- Albania
- Latvia
How they compare
Latvia currently reports 23.84 % change on previous year against 22.52 % change on previous year in Albania, a difference of 1.32 % change on previous year.
That makes Latvia's figure about 1.1 times Albania's.
The two have swapped places 14 times across 29 shared years of data; in 1996 it was Albania ahead.
Albania ranks 27th and Latvia ranks 24th of 186 countries.
Across the 4 decades both report, Albania averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Albania | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.71 % change on previous year | 17.59 % change on previous year | 1.12 % change on previous year | Albania |
| 2000s | 18.48 % change on previous year | 18.38 % change on previous year | 0.0979 % change on previous year | Albania |
| 2010s | 0.405 % change on previous year | 3.99 % change on previous year | 3.58 % change on previous year | Latvia |
| 2020s | 11.98 % change on previous year | 5.22 % change on previous year | 6.77 % change on previous year | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), annual growth rate, Albania or Latvia?
- Latvia, at 23.84 % change on previous year against 22.52 % change on previous year in Albania as of 2025.
- What is the difference in gross capital formation (current us$), annual growth rate between Albania and Latvia?
- 1.32 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Albania and Latvia?
- 29 years are reported by both, from 1996 to 2024.
- How do Albania and Latvia rank globally for gross capital formation (current us$), annual growth rate?
- Albania ranks 27th and Latvia ranks 24th of 186 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.