Arab World vs Latvia: Gross capital formation (current US$), annual growth rate
Arab World
4.93 % change on previous year
in 2024
Latvia
23.84 % change on previous year
in 2025
Arab World rank
21st
Latvia rank
24th
Gross capital formation (current US$), annual growth rate over time
- Arab World
- Latvia
How they compare
Latvia currently reports 23.84 % change on previous year against 4.93 % change on previous year in Arab World, a difference of 18.91 % change on previous year.
That makes Latvia's figure about 4.8 times Arab World's.
The two have swapped places 11 times across 29 shared years of data; in 1996 it was Latvia ahead.
Arab World ranks 21st and Latvia ranks 24th of 43 groups.
Across the 4 decades both report, Arab World averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Arab World | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.79 % change on previous year | 17.59 % change on previous year | 11.8 % change on previous year | Latvia |
| 2000s | 14.24 % change on previous year | 18.38 % change on previous year | 4.14 % change on previous year | Latvia |
| 2010s | 4.24 % change on previous year | 3.99 % change on previous year | 0.2553 % change on previous year | Arab World |
| 2020s | 6.17 % change on previous year | 5.22 % change on previous year | 0.9594 % change on previous year | Arab World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), annual growth rate, Arab World or Latvia?
- Latvia, at 23.84 % change on previous year against 4.93 % change on previous year in Arab World as of 2025.
- What is the difference in gross capital formation (current us$), annual growth rate between Arab World and Latvia?
- 18.91 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Arab World and Latvia?
- 29 years are reported by both, from 1996 to 2024.
- How do Arab World and Latvia rank globally for gross capital formation (current us$), annual growth rate?
- Arab World ranks 21st and Latvia ranks 24th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), 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.