Armenia vs Latvia: Gross capital formation (current US$), per square kilometre
Armenia
196,762 current US$ per square kilometre
in 2023
Latvia
169,741 current US$ per square kilometre
in 2023
Armenia rank
76th
Latvia rank
79th
Gross capital formation (current US$), per square kilometre over time
- Armenia
- Latvia
How they compare
Armenia currently reports 196,762 current US$ per square kilometre against 169,741 current US$ per square kilometre in Latvia, a difference of 27,021 current US$ per square kilometre.
That makes Armenia's figure about 1.2 times Latvia's.
The two have swapped places 3 times across 29 shared years of data; in 1995 it was Latvia ahead.
Armenia ranks 76th and Latvia ranks 79th of 184 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12,903 current US$ per square kilometre | 22,058 current US$ per square kilometre | 9,155 current US$ per square kilometre | Latvia |
| 2000s | 73,855 current US$ per square kilometre | 98,111 current US$ per square kilometre | 24,255 current US$ per square kilometre | Latvia |
| 2010s | 90,482 current US$ per square kilometre | 111,264 current US$ per square kilometre | 20,783 current US$ per square kilometre | Latvia |
| 2020s | 137,990 current US$ per square kilometre | 149,268 current US$ per square kilometre | 11,278 current US$ per square kilometre | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), per square kilometre, Armenia or Latvia?
- Armenia, at 196,762 current US$ per square kilometre against 169,741 current US$ per square kilometre in Latvia as of 2023.
- What is the difference in gross capital formation (current us$), per square kilometre between Armenia and Latvia?
- 27,021 current US$ per square kilometre, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 29 years are reported by both, from 1995 to 2023.
- How do Armenia and Latvia rank globally for gross capital formation (current us$), per square kilometre?
- Armenia ranks 76th and Latvia ranks 79th of 184 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.