Estonia, Republic of vs Latvia, Republic of: Gross fixed capital formation
Gross fixed capital formation over time
- Estonia, Republic of
- Latvia, Republic of
How they compare
Latvia, Republic of currently reports 11.41 billion current US$ against 11.39 billion current US$ in Estonia, Republic of, a difference of 17.30 million current US$.
The two have swapped places 5 times across 31 shared years of data; in 1995 it was Estonia, Republic of ahead.
Estonia, Republic of ranks 87th and Latvia, Republic of ranks 85th of 180 countries.
Across the 4 decades both report, Estonia, Republic of averaged higher in 3 and Latvia, Republic of in 1.
Head to head by decade
| Decade | Estonia, Republic of | Latvia, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.45 billion current US$ | 1.26 billion current US$ | 182.68 million current US$ | Estonia, Republic of |
| 2000s | 4.37 billion current US$ | 5.43 billion current US$ | 1.06 billion current US$ | Latvia, Republic of |
| 2010s | 6.60 billion current US$ | 6.55 billion current US$ | 55.09 million current US$ | Estonia, Republic of |
| 2020s | 10.49 billion current US$ | 9.46 billion current US$ | 1.03 billion current US$ | Estonia, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Estonia, Republic of or Latvia, Republic of?
- Latvia, Republic of, at 11.41 billion current US$ against 11.39 billion current US$ in Estonia, Republic of as of 2025.
- What is the difference in gross fixed capital formation between Estonia, Republic of and Latvia, Republic of?
- 17.30 million current US$, with Latvia, Republic of ahead.
- How many years of comparable data are there for Estonia, Republic of and Latvia, Republic of?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia, Republic of and Latvia, Republic of rank globally for gross fixed capital formation?
- Estonia, Republic of ranks 87th and Latvia, Republic of ranks 85th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.