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

Latvia
0.1591 constant 2015 US$ per US$ of GDP
in 2025
Mexico
0.1602 constant 2015 US$ per US$ of GDP
in 2025
Latvia rank
108th
Mexico rank
105th

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

  • Latvia
  • Mexico
00.511.52196019922025

How they compare

Mexico currently reports 0.1602 constant 2015 US$ per US$ of GDP against 0.1591 constant 2015 US$ per US$ of GDP in Latvia, a difference of 0.0011 constant 2015 US$ per US$ of GDP.

The two have swapped places 8 times across 31 shared years of data; in 1995 it was Mexico ahead.

Latvia ranks 108th and Mexico ranks 105th of 161 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and Mexico in 1.

Head to head by decade

Decade Latvia Mexico Difference Ahead
1990s 0.341 constant 2015 US$ per US$ of GDP 0.3132 constant 2015 US$ per US$ of GDP 0.0277 constant 2015 US$ per US$ of GDP Latvia
2000s 0.3882 constant 2015 US$ per US$ of GDP 0.2341 constant 2015 US$ per US$ of GDP 0.1541 constant 2015 US$ per US$ of GDP Latvia
2010s 0.2107 constant 2015 US$ per US$ of GDP 0.2202 constant 2015 US$ per US$ of GDP 0.0095 constant 2015 US$ per US$ of GDP Mexico
2020s 0.1794 constant 2015 US$ per US$ of GDP 0.1782 constant 2015 US$ per US$ of GDP 0.0012 constant 2015 US$ per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (constant 2015 us$), per unit of gdp, Latvia or Mexico?
Mexico, at 0.1602 constant 2015 US$ 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$), per unit of gdp between Latvia and Mexico?
0.0011 constant 2015 US$ per US$ of GDP, with Mexico ahead.
How many years of comparable data are there for Latvia and Mexico?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Mexico rank globally for gross fixed capital formation (constant 2015 us$), per unit of gdp?
Latvia ranks 108th and Mexico ranks 105th of 161 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Mexico: 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/latvia/mexico/

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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.