Austria vs Latvia: Gross capital formation
Austria
23.7%
in 2025
Latvia
24.1%
in 2025
Austria rank
91st
Latvia rank
89th
Gross capital formation over time
- Austria
- Latvia
How they compare
Latvia currently reports 24.1% against 23.7% in Austria, a difference of 0.4%.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Austria ahead.
Austria ranks 91st and Latvia ranks 89th of 187 countries.
Across the 4 decades both report, Austria averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Austria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 26.5% | 21.1% | 5.4% | Austria |
| 2000s | 24.4% | 32.9% | 8.5% | Latvia |
| 2010s | 24.4% | 24.2% | 0.2% | Austria |
| 2020s | 26.0% | 23.8% | 2.2% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Austria or Latvia?
- Latvia, at 24.1% against 23.7% in Austria as of 2025.
- What is the difference in gross capital formation between Austria and Latvia?
- 0.4%, with Latvia ahead.
- How many years of comparable data are there for Austria and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Austria and Latvia rank globally for gross capital formation?
- Austria ranks 91st and Latvia ranks 89th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.