Latvia vs Luxembourg: Gross fixed capital formation
Gross fixed capital formation over time
- Latvia
- Luxembourg
How they compare
Luxembourg currently reports 13.41 billion current LCU against 10.10 billion current LCU in Latvia, a difference of 3.31 billion current LCU.
That makes Luxembourg's figure about 1.3 times Latvia's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Luxembourg ahead.
Latvia ranks 149th and Luxembourg ranks 146th of 180 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.02 billion current LCU | 3.72 billion current LCU | 2.69 billion current LCU | Luxembourg |
| 2000s | 4.13 billion current LCU | 6.11 billion current LCU | 1.98 billion current LCU | Luxembourg |
| 2010s | 5.36 billion current LCU | 9.40 billion current LCU | 4.04 billion current LCU | Luxembourg |
| 2020s | 8.53 billion current LCU | 12.82 billion current LCU | 4.29 billion current LCU | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Latvia or Luxembourg?
- Luxembourg, at 13.41 billion current LCU against 10.10 billion current LCU in Latvia as of 2025.
- What is the difference in gross fixed capital formation between Latvia and Luxembourg?
- 3.31 billion current LCU, with Luxembourg ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Luxembourg rank globally for gross fixed capital formation?
- Latvia ranks 149th and Luxembourg ranks 146th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.