Belarus vs Latvia: Gross fixed capital formation
Belarus
10.0%
in 2025
Latvia
9.8%
in 2025
Belarus rank
39th
Latvia rank
41st
Gross fixed capital formation over time
- Belarus
- Latvia
How they compare
Belarus currently reports 10.0% against 9.8% in Latvia, a difference of 0.2%.
The two have swapped places 13 times across 30 shared years of data; in 1996 it was Latvia ahead.
Belarus ranks 39th and Latvia ranks 41st of 166 countries.
Across the 4 decades both report, Belarus averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Belarus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.2% | 20.6% | 14.4% | Latvia |
| 2000s | 14.4% | 8.6% | 5.7% | Belarus |
| 2010s | 1.0% | 3.3% | 2.4% | Latvia |
| 2020s | 1.2% | 2.1% | 0.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Belarus or Latvia?
- Belarus, at 10.0% against 9.8% in Latvia as of 2025.
- What is the difference in gross fixed capital formation between Belarus and Latvia?
- 0.2%, with Belarus ahead.
- How many years of comparable data are there for Belarus and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Belarus and Latvia rank globally for gross fixed capital formation?
- Belarus ranks 39th and Latvia ranks 41st of 166 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.