Armenia vs Latvia: Gross fixed capital formation (current US$), per square kilometre
Armenia
176,456 current US$ per square kilometre
in 2023
Latvia
165,142 current US$ per square kilometre
in 2023
Armenia rank
73rd
Latvia rank
75th
Gross fixed capital formation (current US$), per square kilometre over time
- Armenia
- Latvia
How they compare
Armenia currently reports 176,456 current US$ per square kilometre against 165,142 current US$ per square kilometre in Latvia, a difference of 11,314 current US$ per square kilometre.
That makes Armenia's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 29 shared years of data; in 1995 it was Latvia ahead.
Armenia ranks 73rd and Latvia ranks 75th of 177 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9,825 current US$ per square kilometre | 20,303 current US$ per square kilometre | 10,479 current US$ per square kilometre | Latvia |
| 2000s | 72,988 current US$ per square kilometre | 87,264 current US$ per square kilometre | 14,276 current US$ per square kilometre | Latvia |
| 2010s | 85,107 current US$ per square kilometre | 105,190 current US$ per square kilometre | 20,084 current US$ per square kilometre | Latvia |
| 2020s | 126,577 current US$ per square kilometre | 142,894 current US$ per square kilometre | 16,317 current US$ per square kilometre | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (current us$), per square kilometre, Armenia or Latvia?
- Armenia, at 176,456 current US$ per square kilometre against 165,142 current US$ per square kilometre in Latvia as of 2023.
- What is the difference in gross fixed capital formation (current us$), per square kilometre between Armenia and Latvia?
- 11,314 current US$ per square kilometre, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 29 years are reported by both, from 1995 to 2023.
- How do Armenia and Latvia rank globally for gross fixed capital formation (current us$), per square kilometre?
- Armenia ranks 73rd and Latvia ranks 75th of 177 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.