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

Latvia
23.84 % change on previous year
in 2025
Vanuatu
27.93 % change on previous year
in 2024
Latvia rank
24th
Vanuatu rank
22nd

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

  • Latvia
  • Vanuatu
-50-2502550198420042025

How they compare

Vanuatu currently reports 27.93 % change on previous year against 23.84 % change on previous year in Latvia, a difference of 4.09 % change on previous year.

That makes Vanuatu's figure about 1.2 times Latvia's.

The two have swapped places 13 times across 29 shared years of data; in 1996 it was Latvia ahead.

Latvia ranks 24th and Vanuatu ranks 22nd of 186 countries.

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

Head to head by decade

Decade Latvia Vanuatu Difference Ahead
1990s 17.59 % change on previous year -0.6265 % change on previous year 18.22 % change on previous year Latvia
2000s 18.38 % change on previous year 19.02 % change on previous year 0.6435 % change on previous year Vanuatu
2010s 3.99 % change on previous year -1.55 % change on previous year 5.54 % change on previous year Latvia
2020s 5.22 % change on previous year 14.96 % change on previous year 9.75 % change on previous year Vanuatu

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), annual growth rate, Latvia or Vanuatu?
Vanuatu, at 27.93 % change on previous year against 23.84 % change on previous year in Latvia as of 2024.
What is the difference in gross capital formation (current us$), annual growth rate between Latvia and Vanuatu?
4.09 % change on previous year, with Vanuatu ahead.
How many years of comparable data are there for Latvia and Vanuatu?
29 years are reported by both, from 1996 to 2024.
How do Latvia and Vanuatu rank globally for gross capital formation (current us$), annual growth rate?
Latvia ranks 24th and Vanuatu ranks 22nd of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Vanuatu: 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/latvia/vanuatu/

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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.