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

Latvia
121,732 constant 2015 US$ per square kilometre
in 2023
North Macedonia
114,494 constant 2015 US$ per square kilometre
in 2023
Latvia rank
71st
North Macedonia rank
72nd

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

  • Latvia
  • North Macedonia
050.0k100.0k150.0k199220072023

How they compare

Latvia currently reports 121,732 constant 2015 US$ per square kilometre against 114,494 constant 2015 US$ per square kilometre in North Macedonia, a difference of 7,238 constant 2015 US$ per square kilometre.

That makes Latvia's figure about 1.1 times North Macedonia's.

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

Latvia ranks 71st and North Macedonia ranks 72nd of 159 countries.

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

Head to head by decade

Decade Latvia North Macedonia Difference Ahead
1990s 35,654 constant 2015 US$ per square kilometre 33,802 constant 2015 US$ per square kilometre 1,852 constant 2015 US$ per square kilometre Latvia
2000s 99,651 constant 2015 US$ per square kilometre 52,702 constant 2015 US$ per square kilometre 46,948 constant 2015 US$ per square kilometre Latvia
2010s 96,750 constant 2015 US$ per square kilometre 88,142 constant 2015 US$ per square kilometre 8,608 constant 2015 US$ per square kilometre Latvia
2020s 115,389 constant 2015 US$ per square kilometre 107,029 constant 2015 US$ per square kilometre 8,360 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$), per square, Latvia or North Macedonia?
Latvia, at 121,732 constant 2015 US$ per square kilometre against 114,494 constant 2015 US$ per square kilometre in North Macedonia as of 2023.
What is the difference in gross fixed capital formation (constant 2015 us$), per square between Latvia and North Macedonia?
7,238 constant 2015 US$ per square kilometre, with Latvia ahead.
How many years of comparable data are there for Latvia and North Macedonia?
29 years are reported by both, from 1995 to 2023.
How do Latvia and North Macedonia rank globally for gross fixed capital formation (constant 2015 us$), per square?
Latvia ranks 71st and North Macedonia ranks 72nd of 159 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs North Macedonia: Gross fixed capital formation (constant 2015 US$), per square. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-square-kilometre/latvia/north-macedonia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-square-kilometre/latvia/north-macedonia/">Latvia vs North Macedonia: 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.