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

Latvia
0.1591 constant 2015 US$ per US$ of GDP
in 2025
Russian Federation
0.1588 constant 2015 US$ per US$ of GDP
in 2025
Latvia rank
108th
Russian Federation rank
110th

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

  • Latvia
  • Russian Federation
0.20.40.60.81199020072025

How they compare

Latvia currently reports 0.1591 constant 2015 US$ per US$ of GDP against 0.1588 constant 2015 US$ per US$ of GDP in Russian Federation, a difference of 0.0003 constant 2015 US$ per US$ of GDP.

The two have swapped places 9 times across 31 shared years of data; in 1995 it was Russian Federation ahead.

Latvia ranks 108th and Russian Federation ranks 110th of 161 countries.

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

Head to head by decade

Decade Latvia Russian Federation Difference Ahead
1990s 0.341 constant 2015 US$ per US$ of GDP 0.3545 constant 2015 US$ per US$ of GDP 0.0136 constant 2015 US$ per US$ of GDP Russian Federation
2000s 0.3882 constant 2015 US$ per US$ of GDP 0.2989 constant 2015 US$ per US$ of GDP 0.0893 constant 2015 US$ per US$ of GDP Latvia
2010s 0.2107 constant 2015 US$ per US$ of GDP 0.1737 constant 2015 US$ per US$ of GDP 0.037 constant 2015 US$ per US$ of GDP Latvia
2020s 0.1794 constant 2015 US$ per US$ of GDP 0.1741 constant 2015 US$ per US$ of GDP 0.0053 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$), per unit of gdp, Latvia or Russian Federation?
Latvia, at 0.1591 constant 2015 US$ per US$ of GDP against 0.1588 constant 2015 US$ per US$ of GDP in Russian Federation as of 2025.
What is the difference in gross fixed capital formation (constant 2015 us$), per unit of gdp between Latvia and Russian Federation?
0.0003 constant 2015 US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Russian Federation?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Russian Federation rank globally for gross fixed capital formation (constant 2015 us$), per unit of gdp?
Latvia ranks 108th and Russian Federation ranks 110th of 161 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), 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 Russian Federation: Gross fixed capital formation (constant 2015 US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-2015-us-per-unit-of-gdp/latvia/russian-federation/

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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.