Latvia vs Peru: Gross fixed capital formation
Latvia
9.8%
in 2025
Peru
9.9%
in 2025
Latvia rank
41st
Peru rank
40th
Gross fixed capital formation over time
- Latvia
- Peru
How they compare
Peru currently reports 9.9% against 9.8% in Latvia, a difference of 0.1%.
The two have swapped places 15 times across 30 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 41st and Peru ranks 40th of 166 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Peru in 2.
Head to head by decade
| Decade | Latvia | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.6% | 0.0% | 20.6% | Latvia |
| 2000s | 8.6% | 7.7% | 0.9% | Latvia |
| 2010s | 3.3% | 4.7% | 1.4% | Peru |
| 2020s | 2.1% | 4.5% | 2.5% | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latvia or Peru?
- Peru, at 9.9% against 9.8% in Latvia as of 2025.
- What is the difference in gross fixed capital formation between Latvia and Peru?
- 0.1%, with Peru ahead.
- How many years of comparable data are there for Latvia and Peru?
- 30 years are reported by both, from 1996 to 2025.
- How do Latvia and Peru rank globally for gross fixed capital formation?
- Latvia ranks 41st and Peru ranks 40th 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.