Ecuador vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Ecuador
-4.56 % change on previous year
in 2024
Latvia
-4.41 % change on previous year
in 2024
Ecuador rank
219th
Latvia rank
218th
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Ecuador
- Latvia
How they compare
Latvia currently reports -4.41 % change on previous year against -4.56 % change on previous year in Ecuador, a difference of 0.15 % change on previous year.
The two have swapped places 10 times across 32 shared years of data; in 1993 it was Latvia ahead.
Ecuador ranks 219th and Latvia ranks 218th of 230 countries.
Across the 4 decades both report, Ecuador averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Ecuador | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.41 % change on previous year | 36.42 % change on previous year | 34 % change on previous year | Latvia |
| 2000s | 16.3 % change on previous year | 15.35 % change on previous year | 0.9554 % change on previous year | Ecuador |
| 2010s | 8.03 % change on previous year | 5.73 % change on previous year | 2.3 % change on previous year | Ecuador |
| 2020s | 1.18 % change on previous year | 7.06 % change on previous year | 5.89 % 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, annual, Ecuador or Latvia?
- Latvia, at -4.41 % change on previous year against -4.56 % change on previous year in Ecuador as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Ecuador and Latvia?
- 0.15 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Ecuador and Latvia?
- 32 years are reported by both, from 1993 to 2024.
- How do Ecuador and Latvia rank globally for gross fixed capital formation — value standard local currency, annual?
- Ecuador ranks 219th and Latvia ranks 218th of 230 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.