Cuba vs Latvia: Gross fixed capital formation
Gross fixed capital formation over time
- Cuba
- Latvia
How they compare
Cuba currently reports 8.26 billion constant LCU against 7.72 billion constant LCU in Latvia, a difference of 537.06 million constant LCU.
That makes Cuba's figure about 1.1 times Latvia's.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Cuba ahead.
Cuba ranks 136th and Latvia ranks 138th of 167 countries.
Across the 4 decades both report, Cuba averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Cuba | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.85 billion constant LCU | 2.22 billion constant LCU | 632.23 million constant LCU | Cuba |
| 2000s | 4.33 billion constant LCU | 6.19 billion constant LCU | 1.86 billion constant LCU | Latvia |
| 2010s | 7.10 billion constant LCU | 6.01 billion constant LCU | 1.09 billion constant LCU | Cuba |
| 2020s | 8.11 billion constant LCU | 7.15 billion constant LCU | 964.51 million constant LCU | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Cuba or Latvia?
- Cuba, at 8.26 billion constant LCU against 7.72 billion constant LCU in Latvia as of 2024.
- What is the difference in gross fixed capital formation between Cuba and Latvia?
- 537.06 million constant LCU, with Cuba ahead.
- How many years of comparable data are there for Cuba and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Cuba and Latvia rank globally for gross fixed capital formation?
- Cuba ranks 136th and Latvia ranks 138th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.