Latvia vs North Macedonia: Gross fixed capital formation (current US$), per square kilometre

Latvia
165,142 current US$ per square kilometre
in 2023
North Macedonia
155,045 current US$ per square kilometre
in 2023
Latvia rank
75th
North Macedonia rank
78th

Gross fixed capital formation (current US$), per square kilometre over time

  • Latvia
  • North Macedonia
050.0k100.0k150.0k200.0k199220072023

How they compare

Latvia currently reports 165,142 current US$ per square kilometre against 155,045 current US$ per square kilometre in North Macedonia, a difference of 10,097 current US$ per square kilometre.

That makes Latvia's figure about 1.1 times North Macedonia's.

The two have swapped places 5 times across 29 shared years of data; in 1995 it was North Macedonia ahead.

Latvia ranks 75th and North Macedonia ranks 78th of 177 countries.

Across the 4 decades both report, Latvia averaged higher in 3 and North Macedonia in 1.

Head to head by decade

Decade Latvia North Macedonia Difference Ahead
1990s 20,303 current US$ per square kilometre 26,624 current US$ per square kilometre 6,320 current US$ per square kilometre North Macedonia
2000s 87,264 current US$ per square kilometre 55,109 current US$ per square kilometre 32,155 current US$ per square kilometre Latvia
2010s 105,190 current US$ per square kilometre 98,652 current US$ per square kilometre 6,538 current US$ per square kilometre Latvia
2020s 142,894 current US$ per square kilometre 130,944 current US$ per square kilometre 11,951 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$), per square kilometre, Latvia or North Macedonia?
Latvia, at 165,142 current US$ per square kilometre against 155,045 current US$ per square kilometre in North Macedonia as of 2023.
What is the difference in gross fixed capital formation (current us$), per square kilometre between Latvia and North Macedonia?
10,097 current US$ per square kilometre, with Latvia ahead.
How many years of comparable data are there for Latvia and North Macedonia?
29 years are reported by both, from 1995 to 2023.
How do Latvia and North Macedonia rank globally for gross fixed capital formation (current us$), per square kilometre?
Latvia ranks 75th and North Macedonia ranks 78th of 177 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs North Macedonia: Gross fixed capital formation (current US$), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-us-per-square-kilometre/latvia/north-macedonia/

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About this data

Indicator
Gross fixed capital formation (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
220 places, 9,727 data points, 1961–2023
Last refreshed

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.