Latvia vs Zimbabwe: Gross fixed capital formation
Gross fixed capital formation over time
- Latvia
- Zimbabwe
How they compare
Latvia currently reports 7.72 billion constant LCU against 6.61 billion constant LCU in Zimbabwe, a difference of 1.11 billion constant LCU.
That makes Latvia's figure about 1.2 times Zimbabwe's.
The two have swapped places 2 times across 16 shared years of data; in 2009 it was Latvia ahead.
Latvia ranks 138th and Zimbabwe ranks 140th of 167 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.37 billion constant LCU | 2.41 billion constant LCU | 2.95 billion constant LCU | Latvia |
| 2010s | 6.01 billion constant LCU | 4.73 billion constant LCU | 1.29 billion constant LCU | Latvia |
| 2020s | 7.15 billion constant LCU | 5.54 billion constant LCU | 1.61 billion constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latvia or Zimbabwe?
- Latvia, at 7.72 billion constant LCU against 6.61 billion constant LCU in Zimbabwe as of 2025.
- What is the difference in gross fixed capital formation between Latvia and Zimbabwe?
- 1.11 billion constant LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Zimbabwe?
- 16 years are reported by both, from 2009 to 2024.
- How do Latvia and Zimbabwe rank globally for gross fixed capital formation?
- Latvia ranks 138th and Zimbabwe ranks 140th 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.
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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.