Latvia vs New Zealand: Gross fixed capital formation (current US$), per unit of GDP
Latvia
0.2347 current US$ per US$ of GDP
in 2025
New Zealand
0.2337 current US$ per US$ of GDP
in 2024
Latvia rank
76th
New Zealand rank
78th
Gross fixed capital formation (current US$), per unit of GDP over time
- Latvia
- New Zealand
How they compare
Latvia currently reports 0.2347 current US$ per US$ of GDP against 0.2337 current US$ per US$ of GDP in New Zealand, a difference of 0.001 current US$ per US$ of GDP.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was New Zealand ahead.
Latvia ranks 76th and New Zealand ranks 78th of 181 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and New Zealand in 2.
Head to head by decade
| Decade | Latvia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1937 current US$ per US$ of GDP | 0.2187 current US$ per US$ of GDP | 0.025 current US$ per US$ of GDP | New Zealand |
| 2000s | 0.2933 current US$ per US$ of GDP | 0.2276 current US$ per US$ of GDP | 0.0657 current US$ per US$ of GDP | Latvia |
| 2010s | 0.2285 current US$ per US$ of GDP | 0.2213 current US$ per US$ of GDP | 0.0072 current US$ per US$ of GDP | Latvia |
| 2020s | 0.231 current US$ per US$ of GDP | 0.2437 current US$ per US$ of GDP | 0.0127 current US$ per US$ of GDP | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (current us$), per unit of gdp, Latvia or New Zealand?
- Latvia, at 0.2347 current US$ per US$ of GDP against 0.2337 current US$ per US$ of GDP in New Zealand as of 2025.
- What is the difference in gross fixed capital formation (current us$), per unit of gdp between Latvia and New Zealand?
- 0.001 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and New Zealand?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and New Zealand rank globally for gross fixed capital formation (current us$), per unit of gdp?
- Latvia ranks 76th and New Zealand ranks 78th of 181 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (current US$), per unit of GDP. 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$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.