Latvia vs Singapore: Gross capital formation, Percent of GDP
Latvia
25.06
in 2031
Singapore
26.72
in 2031
Latvia rank
12th
Singapore rank
10th
Gross capital formation, Percent of GDP over time
- Latvia
- Singapore
How they compare
Singapore currently reports 26.72 against 25.06 in Latvia, a difference of 1.66.
That makes Singapore's figure about 1.1 times Latvia's.
The two have swapped places 8 times across 40 shared years of data; in 1992 it was Singapore ahead.
Latvia ranks 12th and Singapore ranks 10th of 26 countries.
Across the 5 decades both report, Latvia averaged higher in 2 and Singapore in 3.
Head to head by decade
| Decade | Latvia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.47 | 34.61 | 15.14 | Singapore |
| 2000s | 32.93 | 25.25 | 7.69 | Latvia |
| 2010s | 24.21 | 27.09 | 2.88 | Singapore |
| 2020s | 24.36 | 23.35 | 1.01 | Latvia |
| 2030s | 25.05 | 26.38 | 1.33 | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, percent of gdp, Latvia or Singapore?
- Singapore, at 26.72 against 25.06 in Latvia as of 2031.
- What is the difference in gross capital formation, percent of gdp between Latvia and Singapore?
- 1.66, with Singapore ahead.
- How many years of comparable data are there for Latvia and Singapore?
- 40 years are reported by both, from 1992 to 2031.
- How do Latvia and Singapore rank globally for gross capital formation, percent of gdp?
- Latvia ranks 12th and Singapore ranks 10th 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.