Austria vs Latvia: Gross fixed capital formation
Gross fixed capital formation over time
- Austria
- Latvia
How they compare
Austria currently reports 23.5% against 23.5% in Latvia, a difference of 0.0%.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Austria ahead.
Austria ranks 74th and Latvia ranks 76th of 181 countries.
Across the 4 decades both report, Austria averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Austria | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.6% | 19.4% | 6.2% | Austria |
| 2000s | 23.8% | 29.3% | 5.6% | Latvia |
| 2010s | 23.3% | 22.8% | 0.5% | Austria |
| 2020s | 24.7% | 23.2% | 1.5% | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Austria or Latvia?
- Austria, at 23.5% against 23.5% in Latvia as of 2025.
- What is the difference in gross fixed capital formation between Austria and Latvia?
- 0.0%, with Austria ahead.
- How many years of comparable data are there for Austria and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Austria and Latvia rank globally for gross fixed capital formation?
- Austria ranks 74th and Latvia ranks 76th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (% 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 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.