Latin America & the Caribbean (IDA & IBRD countries) vs Latvia: Gross capital formation (current US$), annual growth rate
Gross capital formation (current US$), annual growth rate over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Latvia
How they compare
Latvia currently reports 23.84 % change on previous year against 3.46 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 20.38 % change on previous year.
That makes Latvia's figure about 6.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 8 times across 30 shared years of data; in 1996 it was Latvia ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 24th 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 & the Caribbean (IDA & IBRD countries) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.75 % change on previous year | 17.59 % change on previous year | 14.84 % change on previous year | Latvia |
| 2000s | 8.86 % change on previous year | 18.38 % change on previous year | 9.52 % change on previous year | Latvia |
| 2010s | 2.65 % change on previous year | 3.99 % change on previous year | 1.34 % change on previous year | Latvia |
| 2020s | 6.75 % change on previous year | 8.32 % change on previous year | 1.57 % 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$), annual growth rate, Latin America & the Caribbean (IDA & IBRD countries) or Latvia?
- Latvia, at 23.84 % change on previous year against 3.46 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross capital formation (current us$), annual growth rate between Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 20.38 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Latvia rank globally for gross capital formation (current us$), annual growth rate?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 24th and Latvia ranks 24th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), 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.