Guinea vs Latvia: Gross capital formation (current US$), annual growth rate

Guinea
30.63 % change on previous year
in 2025
Latvia
23.84 % change on previous year
in 2025
Guinea rank
21st
Latvia rank
24th

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

  • Guinea
  • Latvia
-50050100198720062025

How they compare

Guinea currently reports 30.63 % change on previous year against 23.84 % change on previous year in Latvia, a difference of 6.79 % change on previous year.

That makes Guinea's figure about 1.3 times Latvia's.

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

Guinea ranks 21st and Latvia ranks 24th of 186 countries.

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

Head to head by decade

Decade Guinea Latvia Difference Ahead
1990s -3.72 % change on previous year 17.59 % change on previous year 21.31 % change on previous year Latvia
2000s 13.34 % change on previous year 18.38 % change on previous year 5.04 % change on previous year Latvia
2010s 12.22 % change on previous year 3.99 % change on previous year 8.23 % change on previous year Guinea
2020s 33.77 % change on previous year 8.32 % change on previous year 25.45 % change on previous year Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), annual growth rate, Guinea or Latvia?
Guinea, at 30.63 % change on previous year against 23.84 % change on previous year in Latvia as of 2025.
What is the difference in gross capital formation (current us$), annual growth rate between Guinea and Latvia?
6.79 % change on previous year, with Guinea ahead.
How many years of comparable data are there for Guinea and Latvia?
30 years are reported by both, from 1996 to 2025.
How do Guinea and Latvia rank globally for gross capital formation (current us$), annual growth rate?
Guinea ranks 21st and Latvia ranks 24th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guinea vs Latvia: Gross capital formation (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-annual-growth-rate/guinea/latvia/

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About this data

Indicator
Gross capital formation (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,635 data points, 1961–2025
Last refreshed

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.