Armenia vs Latvia: Gross fixed capital formation (constant 2015 US$), per square

Armenia
124,099 constant 2015 US$ per square kilometre
in 2023
Latvia
121,732 constant 2015 US$ per square kilometre
in 2023
Armenia rank
68th
Latvia rank
71st

Gross fixed capital formation (constant 2015 US$), per square over time

  • Armenia
  • Latvia
050.0k100.0k150.0k199420082023

How they compare

Armenia currently reports 124,099 constant 2015 US$ per square kilometre against 121,732 constant 2015 US$ per square kilometre in Latvia, a difference of 2,367 constant 2015 US$ per square kilometre.

The two have swapped places 3 times across 29 shared years of data; in 1995 it was Latvia ahead.

Armenia ranks 68th and Latvia ranks 71st of 159 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Latvia Difference Ahead
1990s 20,689 constant 2015 US$ per square kilometre 35,654 constant 2015 US$ per square kilometre 14,965 constant 2015 US$ per square kilometre Latvia
2000s 70,943 constant 2015 US$ per square kilometre 99,651 constant 2015 US$ per square kilometre 28,707 constant 2015 US$ per square kilometre Latvia
2010s 78,747 constant 2015 US$ per square kilometre 96,750 constant 2015 US$ per square kilometre 18,003 constant 2015 US$ per square kilometre Latvia
2020s 104,661 constant 2015 US$ per square kilometre 115,389 constant 2015 US$ per square kilometre 10,729 constant 2015 US$ per square kilometre Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (constant 2015 us$), per square, Armenia or Latvia?
Armenia, at 124,099 constant 2015 US$ per square kilometre against 121,732 constant 2015 US$ per square kilometre in Latvia as of 2023.
What is the difference in gross fixed capital formation (constant 2015 us$), per square between Armenia and Latvia?
2,367 constant 2015 US$ per square kilometre, with Armenia ahead.
How many years of comparable data are there for Armenia and Latvia?
29 years are reported by both, from 1995 to 2023.
How do Armenia and Latvia rank globally for gross fixed capital formation (constant 2015 us$), per square?
Armenia ranks 68th and Latvia ranks 71st of 159 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Armenia vs Latvia: Gross fixed capital formation (constant 2015 US$), per square. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-square-kilometre/armenia/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-square-kilometre/armenia/latvia/">Armenia vs Latvia: Gross fixed capital formation (constant 2015 US$), per square</a> — Statizoid

About this data

Indicator
Gross fixed capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 7,629 data points, 1961–2023
Last refreshed

Gross fixed capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.