Ireland vs Latvia: Gross fixed capital formation (constant 2015 US$), per unit of GDP

Ireland
0.1597 constant 2015 US$ per US$ of GDP
in 2025
Latvia
0.1591 constant 2015 US$ per US$ of GDP
in 2025
Ireland rank
106th
Latvia rank
108th

Gross fixed capital formation (constant 2015 US$), per unit of GDP over time

  • Ireland
  • Latvia
00.511.52197019972025

How they compare

Ireland currently reports 0.1597 constant 2015 US$ per US$ of GDP against 0.1591 constant 2015 US$ per US$ of GDP in Latvia, a difference of 0.0006 constant 2015 US$ per US$ of GDP.

The two have swapped places 6 times across 31 shared years of data; in 1995 it was Ireland ahead.

Ireland ranks 106th and Latvia ranks 108th of 161 countries.

Across the 4 decades both report, Ireland averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Ireland Latvia Difference Ahead
1990s 0.3022 constant 2015 US$ per US$ of GDP 0.341 constant 2015 US$ per US$ of GDP 0.0388 constant 2015 US$ per US$ of GDP Latvia
2000s 0.2524 constant 2015 US$ per US$ of GDP 0.3882 constant 2015 US$ per US$ of GDP 0.1358 constant 2015 US$ per US$ of GDP Latvia
2010s 0.2433 constant 2015 US$ per US$ of GDP 0.2107 constant 2015 US$ per US$ of GDP 0.0326 constant 2015 US$ per US$ of GDP Ireland
2020s 0.2044 constant 2015 US$ per US$ of GDP 0.1794 constant 2015 US$ per US$ of GDP 0.0251 constant 2015 US$ per US$ of GDP Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (constant 2015 us$), per unit of gdp, Ireland or Latvia?
Ireland, at 0.1597 constant 2015 US$ per US$ of GDP against 0.1591 constant 2015 US$ per US$ of GDP in Latvia as of 2025.
What is the difference in gross fixed capital formation (constant 2015 us$), per unit of gdp between Ireland and Latvia?
0.0006 constant 2015 US$ per US$ of GDP, with Ireland ahead.
How many years of comparable data are there for Ireland and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Ireland and Latvia rank globally for gross fixed capital formation (constant 2015 us$), per unit of gdp?
Ireland ranks 106th and Latvia ranks 108th of 161 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ireland vs Latvia: Gross fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-unit-of-gdp/ireland/latvia/

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About this data

Indicator
Gross fixed capital formation (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 8,107 data points, 1960–2025
Last refreshed

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