Belarus vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015

Belarus
0.105 million SLC per square kilometre
in 2023
Latvia
0.1128 million SLC per square kilometre
in 2023
Belarus rank
168th
Latvia rank
167th

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time

  • Belarus
  • Latvia
00.050.10.15199220072023

How they compare

Latvia currently reports 0.1128 million SLC per square kilometre against 0.105 million SLC per square kilometre in Belarus, a difference of 0.0078 million SLC per square kilometre.

That makes Latvia's figure about 1.1 times Belarus's.

The two have swapped places 5 times across 32 shared years of data; in 1992 it was Belarus ahead.

Belarus ranks 168th and Latvia ranks 167th of 194 countries.

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

Head to head by decade

Decade Belarus Latvia Difference Ahead
1990s 0.0354 million SLC per square kilometre 0.0277 million SLC per square kilometre 0.0077 million SLC per square kilometre Belarus
2000s 0.0676 million SLC per square kilometre 0.0899 million SLC per square kilometre 0.0223 million SLC per square kilometre Latvia
2010s 0.1363 million SLC per square kilometre 0.0873 million SLC per square kilometre 0.049 million SLC per square kilometre Belarus
2020s 0.1072 million SLC per square kilometre 0.1043 million SLC per square kilometre 0.0029 million SLC per square kilometre Belarus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, 2015, Belarus or Latvia?
Latvia, at 0.1128 million SLC per square kilometre against 0.105 million SLC per square kilometre in Belarus as of 2023.
What is the difference in gross fixed capital formation — value standard local currency, 2015 between Belarus and Latvia?
0.0078 million SLC per square kilometre, with Latvia ahead.
How many years of comparable data are there for Belarus and Latvia?
32 years are reported by both, from 1992 to 2023.
How do Belarus and Latvia rank globally for gross fixed capital formation — value standard local currency, 2015?
Belarus ranks 168th and Latvia ranks 167th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belarus vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/belarus/latvia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/belarus/latvia/">Belarus vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.