Latvia vs Montenegro: Gross capital formation, Percent of GDP
Latvia
25.06
in 2031
Montenegro
24.64
in 2031
Latvia rank
12th
Montenegro rank
14th
Gross capital formation, Percent of GDP over time
- Latvia
- Montenegro
How they compare
Latvia currently reports 25.06 against 24.64 in Montenegro, a difference of 0.42.
The two have swapped places 6 times across 32 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 12th and Montenegro ranks 14th of 26 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Montenegro in 1.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.93 | 24.62 | 8.31 | Latvia |
| 2010s | 24.21 | 23.54 | 0.6744 | Latvia |
| 2020s | 24.36 | 26.94 | 2.58 | Montenegro |
| 2030s | 25.05 | 24.84 | 0.2086 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, percent of gdp, Latvia or Montenegro?
- Latvia, at 25.06 against 24.64 in Montenegro as of 2031.
- What is the difference in gross capital formation, percent of gdp between Latvia and Montenegro?
- 0.42, with Latvia ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 32 years are reported by both, from 2000 to 2031.
- How do Latvia and Montenegro rank globally for gross capital formation, percent of gdp?
- Latvia ranks 12th and Montenegro ranks 14th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross capital formation, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.