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

Latvia
165,142 current US$ per square kilometre
in 2023
Rwanda
204,177 current US$ per square kilometre
in 2023
Latvia rank
75th
Rwanda rank
72nd

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

  • Latvia
  • Rwanda
050.0k100.0k150.0k200.0k196519942023

How they compare

Rwanda currently reports 204,177 current US$ per square kilometre against 165,142 current US$ per square kilometre in Latvia, a difference of 39,035 current US$ per square kilometre.

That makes Rwanda's figure about 1.2 times Latvia's.

The two have swapped places 4 times across 29 shared years of data; in 1995 it was Rwanda ahead.

Latvia ranks 75th and Rwanda ranks 72nd of 177 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Rwanda in 2.

Head to head by decade

Decade Latvia Rwanda Difference Ahead
1990s 20,303 current US$ per square kilometre 28,008 current US$ per square kilometre 7,704 current US$ per square kilometre Rwanda
2000s 87,264 current US$ per square kilometre 34,140 current US$ per square kilometre 53,124 current US$ per square kilometre Latvia
2010s 105,190 current US$ per square kilometre 75,618 current US$ per square kilometre 29,573 current US$ per square kilometre Latvia
2020s 142,894 current US$ per square kilometre 153,056 current US$ per square kilometre 10,161 current US$ per square kilometre Rwanda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (current us$), per square kilometre, Latvia or Rwanda?
Rwanda, at 204,177 current US$ 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$), per square kilometre between Latvia and Rwanda?
39,035 current US$ per square kilometre, with Rwanda ahead.
How many years of comparable data are there for Latvia and Rwanda?
29 years are reported by both, from 1995 to 2023.
How do Latvia and Rwanda rank globally for gross fixed capital formation (current us$), per square kilometre?
Latvia ranks 75th and Rwanda ranks 72nd of 177 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Rwanda: 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/rwanda/

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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.