Latvia vs Luxembourg: Gross Fixed Capital Formation — Value Standard Local Currency, 2015
Latvia
-6.71 % change on previous year
in 2024
Luxembourg
-7.25 % change on previous year
in 2024
Latvia rank
206th
Luxembourg rank
209th
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports -6.71 % change on previous year against -7.25 % change on previous year in Luxembourg, a difference of 0.54 % change on previous year.
The two have swapped places 17 times across 33 shared years of data; in 1992 it was Luxembourg ahead.
Latvia ranks 206th and Luxembourg ranks 209th of 222 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Luxembourg in 1.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.93 % change on previous year | 4.97 % change on previous year | 0.9644 % change on previous year | Latvia |
| 2000s | 8.65 % change on previous year | 2.14 % change on previous year | 6.51 % change on previous year | Latvia |
| 2010s | 3.34 % change on previous year | 3.52 % change on previous year | 0.1767 % change on previous year | Luxembourg |
| 2020s | 1.18 % change on previous year | -1.14 % change on previous year | 2.33 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, 2015, Latvia or Luxembourg?
- Latvia, at -6.71 % change on previous year against -7.25 % change on previous year in Luxembourg as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, 2015 between Latvia and Luxembourg?
- 0.54 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 33 years are reported by both, from 1992 to 2024.
- How do Latvia and Luxembourg rank globally for gross fixed capital formation — value standard local currency, 2015?
- Latvia ranks 206th and Luxembourg ranks 209th of 222 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.