Latin America & Caribbean vs Latvia: Gross capital formation (current US$), annual growth rate
Latin America & Caribbean
3.46 % change on previous year
in 2025
Latvia
23.84 % change on previous year
in 2025
Latin America & Caribbean rank
25th
Latvia rank
24th
Gross capital formation (current US$), annual growth rate over time
- Latin America & Caribbean
- Latvia
How they compare
Latvia currently reports 23.84 % change on previous year against 3.46 % change on previous year in Latin America & Caribbean, a difference of 20.38 % change on previous year.
That makes Latvia's figure about 6.9 times Latin America & Caribbean's.
The two have swapped places 8 times across 30 shared years of data; in 1996 it was Latvia ahead.
Latin America & Caribbean ranks 25th and Latvia ranks 24th of 43 groups.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.13 % change on previous year | 17.59 % change on previous year | 14.46 % change on previous year | Latvia |
| 2000s | 8.56 % change on previous year | 18.38 % change on previous year | 9.81 % change on previous year | Latvia |
| 2010s | 2.68 % change on previous year | 3.99 % change on previous year | 1.31 % change on previous year | Latvia |
| 2020s | 6.72 % change on previous year | 8.32 % change on previous year | 1.6 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), annual growth rate, Latin America & Caribbean or Latvia?
- Latvia, at 23.84 % change on previous year against 3.46 % change on previous year in Latin America & Caribbean as of 2025.
- What is the difference in gross capital formation (current us$), annual growth rate between Latin America & Caribbean and Latvia?
- 20.38 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Latin America & Caribbean and Latvia rank globally for gross capital formation (current us$), annual growth rate?
- Latin America & Caribbean ranks 25th and Latvia ranks 24th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), 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.