Latvia vs Luxembourg: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Latvia
-4.41 % change on previous year
in 2024
Luxembourg
-5.3 % change on previous year
in 2024
Latvia rank
218th
Luxembourg rank
221st
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports -4.41 % change on previous year against -5.3 % change on previous year in Luxembourg, a difference of 0.89 % change on previous year.
The two have swapped places 16 times across 32 shared years of data; in 1993 it was Latvia ahead.
Latvia ranks 218th and Luxembourg ranks 221st of 230 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 | 36.42 % change on previous year | 9.61 % change on previous year | 26.81 % change on previous year | Latvia |
| 2000s | 15.35 % change on previous year | 3.56 % change on previous year | 11.79 % change on previous year | Latvia |
| 2010s | 5.73 % change on previous year | 5.87 % change on previous year | 0.1455 % change on previous year | Luxembourg |
| 2020s | 7.06 % change on previous year | 4.09 % change on previous year | 2.97 % 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, Latvia or Luxembourg?
- Latvia, at -4.41 % change on previous year against -5.3 % change on previous year in Luxembourg as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Latvia and Luxembourg?
- 0.89 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 32 years are reported by both, from 1993 to 2024.
- How do Latvia and Luxembourg rank globally for gross fixed capital formation — value standard local currency, annual?
- Latvia ranks 218th and Luxembourg ranks 221st 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.