How many years of comparable data are there for Latvia and Norway?

31 years are reported by both, from 1995 to 2025.

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.

Latvia vs Norway: Gross fixed capital formation (current US$), per unit of GDP

Latvia

0.2347 current US$ per US$ of GDP

in 2025

Norway

0.2338 current US$ per US$ of GDP

in 2025

Latvia rank

76th

Norway rank

77th

Gross fixed capital formation (current US$), per unit of GDP over time

Latvia
Norway

How they compare

Latvia currently reports 0.2347 current US$ per US$ of GDP against 0.2338 current US$ per US$ of GDP in Norway, a difference of 0.0009 current US$ per US$ of GDP.

The two have swapped places 7 times across 31 shared years of data; in 1995 it was Norway ahead.

Latvia ranks 76th and Norway ranks 77th of 181 countries.

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

Head to head by decade

Decade	Latvia	Norway	Difference	Ahead
1990s	0.1937 current US$ per US$ of GDP	0.2359 current US$ per US$ of GDP	0.0423 current US$ per US$ of GDP	Norway
2000s	0.2933 current US$ per US$ of GDP	0.2109 current US$ per US$ of GDP	0.0824 current US$ per US$ of GDP	Latvia
2010s	0.2285 current US$ per US$ of GDP	0.2404 current US$ per US$ of GDP	0.0119 current US$ per US$ of GDP	Norway
2020s	0.2316 current US$ per US$ of GDP	0.2345 current US$ per US$ of GDP	0.0028 current US$ per US$ of GDP	Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (current us$), per unit of gdp, Latvia or Norway?: Latvia, at 0.2347 current US$ per US$ of GDP against 0.2338 current US$ per US$ of GDP in Norway as of 2025.
What is the difference in gross fixed capital formation (current us$), per unit of gdp between Latvia and Norway?: 0.0009 current US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Norway?: 31 years are reported by both, from 1995 to 2025.
How do Latvia and Norway rank globally for gross fixed capital formation (current us$), per unit of gdp?: Latvia ranks 76th and Norway ranks 77th of 181 countries.
Where does this data come from?: Statizoid (derived), published as Gross fixed capital formation (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Norway: Gross fixed capital formation (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-us-per-unit-of-gdp/latvia/norway/

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About this data

Indicator: Gross fixed capital formation (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 224 places, 10,322 data points, 1960–2025
Last refreshed: 07 September 2026

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.