Latvia vs Tonga: Gross fixed capital formation (constant 2015 US$), annual growth rate
Latvia
9.78 % change on previous year
in 2025
Tonga
9.16 % change on previous year
in 2024
Latvia rank
40th
Tonga rank
43rd
Gross fixed capital formation (constant 2015 US$), annual growth rate over time
- Latvia
- Tonga
How they compare
Latvia currently reports 9.78 % change on previous year against 9.16 % change on previous year in Tonga, a difference of 0.62 % change on previous year.
That makes Latvia's figure about 1.1 times Tonga's.
The two have swapped places 11 times across 29 shared years of data; in 1996 it was Latvia ahead.
Latvia ranks 40th and Tonga ranks 43rd of 161 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Tonga in 2.
Head to head by decade
| Decade | Latvia | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.62 % change on previous year | 0.2178 % change on previous year | 20.4 % change on previous year | Latvia |
| 2000s | 8.65 % change on previous year | -0.2432 % change on previous year | 8.89 % change on previous year | Latvia |
| 2010s | 3.34 % change on previous year | 5.9 % change on previous year | 2.56 % change on previous year | Tonga |
| 2020s | 0.5221 % change on previous year | 5.27 % change on previous year | 4.75 % change on previous year | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (constant 2015 us$), annual growth rate, Latvia or Tonga?
- Latvia, at 9.78 % change on previous year against 9.16 % change on previous year in Tonga as of 2025.
- What is the difference in gross fixed capital formation (constant 2015 us$), annual growth rate between Latvia and Tonga?
- 0.62 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latvia and Tonga?
- 29 years are reported by both, from 1996 to 2024.
- How do Latvia and Tonga rank globally for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Latvia ranks 40th and Tonga ranks 43rd of 161 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.