Kiribati vs Latvia: Gross Fixed Capital Formation — Value Standard Local Currency, per

Kiribati
0.1363 million SLC per square kilometre
in 2023
Latvia
0.1568 million SLC per square kilometre
in 2023
Kiribati rank
175th
Latvia rank
173rd

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

  • Kiribati
  • Latvia
00.050.10.15197019962023

How they compare

Latvia currently reports 0.1568 million SLC per square kilometre against 0.1363 million SLC per square kilometre in Kiribati, a difference of 0.0205 million SLC per square kilometre.

That makes Latvia's figure about 1.2 times Kiribati's.

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

Kiribati ranks 175th and Latvia ranks 173rd of 194 countries.

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

Head to head by decade

Decade Kiribati Latvia Difference Ahead
1990s 0.0181 million SLC per square kilometre 0.0123 million SLC per square kilometre 0.0058 million SLC per square kilometre Kiribati
2000s 0.03 million SLC per square kilometre 0.0664 million SLC per square kilometre 0.0363 million SLC per square kilometre Latvia
2010s 0.0746 million SLC per square kilometre 0.0861 million SLC per square kilometre 0.0115 million SLC per square kilometre Latvia
2020s 0.0919 million SLC per square kilometre 0.1295 million SLC per square kilometre 0.0376 million SLC per square kilometre Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, per, Kiribati or Latvia?
Latvia, at 0.1568 million SLC per square kilometre against 0.1363 million SLC per square kilometre in Kiribati as of 2023.
What is the difference in gross fixed capital formation — value standard local currency, per between Kiribati and Latvia?
0.0205 million SLC per square kilometre, with Latvia ahead.
How many years of comparable data are there for Kiribati and Latvia?
32 years are reported by both, from 1992 to 2023.
How do Kiribati and Latvia rank globally for gross fixed capital formation — value standard local currency, per?
Kiribati ranks 175th and Latvia ranks 173rd of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 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 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.