Ireland vs Latvia: Gross fixed capital formation (constant LCU), per unit of GDP
Ireland
0.1563 constant LCU per US$ of GDP
in 2025
Latvia
0.1589 constant LCU per US$ of GDP
in 2025
Ireland rank
146th
Latvia rank
143rd
Gross fixed capital formation (constant LCU), per unit of GDP over time
- Ireland
- Latvia
How they compare
Latvia currently reports 0.1589 constant LCU per US$ of GDP against 0.1563 constant LCU per US$ of GDP in Ireland, a difference of 0.0026 constant LCU per US$ of GDP.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Ireland ahead.
Ireland ranks 146th and Latvia ranks 143rd of 168 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 | 0.2957 constant LCU per US$ of GDP | 0.3406 constant LCU per US$ of GDP | 0.0449 constant LCU per US$ of GDP | Latvia |
| 2000s | 0.247 constant LCU per US$ of GDP | 0.3878 constant LCU per US$ of GDP | 0.1408 constant LCU per US$ of GDP | Latvia |
| 2010s | 0.2381 constant LCU per US$ of GDP | 0.2104 constant LCU per US$ of GDP | 0.0277 constant LCU per US$ of GDP | Ireland |
| 2020s | 0.2001 constant LCU per US$ of GDP | 0.1792 constant LCU per US$ of GDP | 0.0209 constant LCU 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 lcu), per unit of gdp, Ireland or Latvia?
- Latvia, at 0.1589 constant LCU per US$ of GDP against 0.1563 constant LCU per US$ of GDP in Ireland as of 2025.
- What is the difference in gross fixed capital formation (constant lcu), per unit of gdp between Ireland and Latvia?
- 0.0026 constant LCU per US$ of GDP, with Latvia 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 lcu), per unit of gdp?
- Ireland ranks 146th and Latvia ranks 143rd of 168 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.