Estonia vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Estonia
-3.28 % change on previous year
in 2024
Latvia
-4.41 % change on previous year
in 2024
Estonia rank
216th
Latvia rank
218th
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Estonia
- Latvia
How they compare
Estonia currently reports -3.28 % change on previous year against -4.41 % change on previous year in Latvia, a difference of 1.13 % change on previous year.
The two have swapped places 14 times across 32 shared years of data; in 1993 it was Estonia ahead.
Estonia ranks 216th and Latvia ranks 218th of 230 countries.
Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 35.41 % change on previous year | 36.42 % change on previous year | 1.01 % change on previous year | Latvia |
| 2000s | 10.92 % change on previous year | 15.35 % change on previous year | 4.43 % change on previous year | Latvia |
| 2010s | 9.66 % change on previous year | 5.73 % change on previous year | 3.93 % change on previous year | Estonia |
| 2020s | 6.54 % change on previous year | 7.06 % change on previous year | 0.5217 % 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, Estonia or Latvia?
- Estonia, at -3.28 % change on previous year against -4.41 % change on previous year in Latvia as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Estonia and Latvia?
- 1.13 % change on previous year, with Estonia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 32 years are reported by both, from 1993 to 2024.
- How do Estonia and Latvia rank globally for gross fixed capital formation — value standard local currency, annual?
- Estonia ranks 216th 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.
Individual pages
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.