Germany vs Latvia: Gross Fixed Capital Formation Deflator — Value Standard Local

Germany
2.55 % change on previous year
in 2024
Latvia
2.47 % change on previous year
in 2024
Germany rank
109th
Latvia rank
111th

Gross Fixed Capital Formation Deflator — Value Standard Local over time

  • Germany
  • Latvia
0255075100125197119972024

How they compare

Germany currently reports 2.55 % change on previous year against 2.47 % change on previous year in Latvia, a difference of 0.08 % change on previous year.

The two have swapped places 9 times across 33 shared years of data; in 1991 it was Latvia ahead.

Germany ranks 109th and Latvia ranks 111th of 208 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Germany Latvia Difference Ahead
1990s 0.7391 % change on previous year 32.44 % change on previous year 31.7 % change on previous year Latvia
2000s 0.5234 % change on previous year 5.33 % change on previous year 4.81 % change on previous year Latvia
2010s 1.78 % change on previous year 2.14 % change on previous year 0.3636 % change on previous year Latvia
2020s 5.19 % change on previous year 5.81 % change on previous year 0.6177 % change on previous year Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation deflator — value standard local, Germany or Latvia?
Germany, at 2.55 % change on previous year against 2.47 % change on previous year in Latvia as of 2024.
What is the difference in gross fixed capital formation deflator — value standard local between Germany and Latvia?
0.08 % change on previous year, with Germany ahead.
How many years of comparable data are there for Germany and Latvia?
33 years are reported by both, from 1991 to 2024.
How do Germany and Latvia rank globally for gross fixed capital formation deflator — value standard local?
Germany ranks 109th and Latvia ranks 111th of 208 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Latvia: Gross Fixed Capital Formation Deflator — Value Standard Local. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/germany/latvia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/germany/latvia/">Germany vs Latvia: Gross Fixed Capital Formation Deflator — Value Standard Local</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.