Latvia vs North Macedonia: Gross fixed capital formation (current US$), per unit of GDP
Latvia
0.2347 current US$ per US$ of GDP
in 2025
North Macedonia
0.2349 current US$ per US$ of GDP
in 2024
Latvia rank
76th
North Macedonia rank
75th
Gross fixed capital formation (current US$), per unit of GDP over time
- Latvia
- North Macedonia
How they compare
North Macedonia currently reports 0.2349 current US$ per US$ of GDP against 0.2347 current US$ per US$ of GDP in Latvia, a difference of 0.0002 current US$ per US$ of GDP.
The two have swapped places 6 times across 30 shared years of data; in 1995 it was North Macedonia ahead.
Latvia ranks 76th and North Macedonia ranks 75th of 181 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and North Macedonia in 2.
Head to head by decade
| Decade | Latvia | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.1937 current US$ per US$ of GDP | 0.1621 current US$ per US$ of GDP | 0.0315 current US$ per US$ of GDP | Latvia |
| 2000s | 0.2933 current US$ per US$ of GDP | 0.217 current US$ per US$ of GDP | 0.0763 current US$ per US$ of GDP | Latvia |
| 2010s | 0.2285 current US$ per US$ of GDP | 0.2289 current US$ per US$ of GDP | 0.0004 current US$ per US$ of GDP | North Macedonia |
| 2020s | 0.231 current US$ per US$ of GDP | 0.2344 current US$ per US$ of GDP | 0.0034 current US$ per US$ of GDP | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (current us$), per unit of gdp, Latvia or North Macedonia?
- North Macedonia, at 0.2349 current US$ per US$ of GDP against 0.2347 current US$ per US$ of GDP in Latvia as of 2024.
- What is the difference in gross fixed capital formation (current us$), per unit of gdp between Latvia and North Macedonia?
- 0.0002 current US$ per US$ of GDP, with North Macedonia ahead.
- How many years of comparable data are there for Latvia and North Macedonia?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and North Macedonia rank globally for gross fixed capital formation (current us$), per unit of gdp?
- Latvia ranks 76th and North Macedonia ranks 75th of 181 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (current US$), 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.