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

Latvia
0.1591 constant 2015 US$ per US$ of GDP
in 2025
Spain
0.1593 constant 2015 US$ per US$ of GDP
in 2025
Latvia rank
108th
Spain rank
107th

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

  • Latvia
  • Spain
00.511.52197019972025

How they compare

Spain currently reports 0.1593 constant 2015 US$ per US$ of GDP against 0.1591 constant 2015 US$ per US$ of GDP in Latvia, a difference of 0.0002 constant 2015 US$ per US$ of GDP.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 108th and Spain ranks 107th of 161 countries.

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

Head to head by decade

Decade Latvia Spain Difference Ahead
1990s 0.341 constant 2015 US$ per US$ of GDP 0.2849 constant 2015 US$ per US$ of GDP 0.056 constant 2015 US$ per US$ of GDP Latvia
2000s 0.3882 constant 2015 US$ per US$ of GDP 0.2687 constant 2015 US$ per US$ of GDP 0.1195 constant 2015 US$ per US$ of GDP Latvia
2010s 0.2107 constant 2015 US$ per US$ of GDP 0.1692 constant 2015 US$ per US$ of GDP 0.0415 constant 2015 US$ per US$ of GDP Latvia
2020s 0.1794 constant 2015 US$ per US$ of GDP 0.1731 constant 2015 US$ per US$ of GDP 0.0063 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$), per unit of gdp, Latvia or Spain?
Spain, at 0.1593 constant 2015 US$ 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$), per unit of gdp between Latvia and Spain?
0.0002 constant 2015 US$ per US$ of GDP, with Spain ahead.
How many years of comparable data are there for Latvia and Spain?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Spain rank globally for gross fixed capital formation (constant 2015 us$), per unit of gdp?
Latvia ranks 108th and Spain ranks 107th of 161 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant 2015 US$), 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 Spain: 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/spain/

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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.