Latvia vs North Macedonia: Gross capital formation (current US$), per square kilometre

Latvia
169,741 current US$ per square kilometre
in 2023
North Macedonia
186,262 current US$ per square kilometre
in 2023
Latvia rank
79th
North Macedonia rank
78th

Gross capital formation (current US$), per square kilometre over time

  • Latvia
  • North Macedonia
050.0k100.0k150.0k200.0k199220072023

How they compare

North Macedonia currently reports 186,262 current US$ per square kilometre against 169,741 current US$ per square kilometre in Latvia, a difference of 16,521 current US$ per square kilometre.

That makes North Macedonia's figure about 1.1 times Latvia's.

The two have swapped places 4 times across 29 shared years of data; in 1995 it was North Macedonia ahead.

Latvia ranks 79th and North Macedonia ranks 78th of 184 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and North Macedonia in 3.

Head to head by decade

Decade Latvia North Macedonia Difference Ahead
1990s 22,058 current US$ per square kilometre 32,373 current US$ per square kilometre 10,315 current US$ per square kilometre North Macedonia
2000s 98,111 current US$ per square kilometre 56,323 current US$ per square kilometre 41,788 current US$ per square kilometre Latvia
2010s 111,264 current US$ per square kilometre 131,252 current US$ per square kilometre 19,988 current US$ per square kilometre North Macedonia
2020s 149,268 current US$ per square kilometre 177,683 current US$ per square kilometre 28,415 current US$ per square kilometre North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), per square kilometre, Latvia or North Macedonia?
North Macedonia, at 186,262 current US$ 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$), per square kilometre between Latvia and North Macedonia?
16,521 current US$ per square kilometre, with North Macedonia ahead.
How many years of comparable data are there for Latvia and North Macedonia?
29 years are reported by both, from 1995 to 2023.
How do Latvia and North Macedonia rank globally for gross capital formation (current us$), per square kilometre?
Latvia ranks 79th and North Macedonia ranks 78th of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Latvia vs North Macedonia: Gross capital formation (current US$), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-per-square-kilometre/latvia/north-macedonia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-capital-formation-current-us-per-square-kilometre/latvia/north-macedonia/">Latvia vs North Macedonia: Gross capital formation (current US$), per square kilometre</a> — Statizoid

About this data

Indicator
Gross capital formation (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

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.