Armenia vs Latvia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square

Armenia
0.1254 million USD per square kilometre
in 2023
Latvia
0.1251 million USD per square kilometre
in 2023
Armenia rank
91st
Latvia rank
92nd

Gross Fixed Capital Formation — Value US$, 2015 prices, per square over time

  • Armenia
  • Latvia
00.050.10.15199220072023

How they compare

Armenia currently reports 0.1254 million USD per square kilometre against 0.1251 million USD per square kilometre in Latvia, a difference of 0.0003 million USD per square kilometre.

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

Armenia ranks 91st and Latvia ranks 92nd of 194 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Latvia Difference Ahead
1990s 0.0197 million USD per square kilometre 0.0308 million USD per square kilometre 0.0111 million USD per square kilometre Latvia
2000s 0.0716 million USD per square kilometre 0.0997 million USD per square kilometre 0.0282 million USD per square kilometre Latvia
2010s 0.0789 million USD per square kilometre 0.0968 million USD per square kilometre 0.018 million USD per square kilometre Latvia
2020s 0.105 million USD per square kilometre 0.1157 million USD per square kilometre 0.0107 million USD per square kilometre Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, per square, Armenia or Latvia?
Armenia, at 0.1254 million USD per square kilometre against 0.1251 million USD per square kilometre in Latvia as of 2023.
What is the difference in gross fixed capital formation — value us$, 2015 prices, per square between Armenia and Latvia?
0.0003 million USD per square kilometre, with Armenia ahead.
How many years of comparable data are there for Armenia and Latvia?
32 years are reported by both, from 1992 to 2023.
How do Armenia and Latvia rank globally for gross fixed capital formation — value us$, 2015 prices, per square?
Armenia ranks 91st and Latvia ranks 92nd of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Latvia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/latvia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/armenia/latvia/">Armenia vs Latvia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre
Unit
million USD per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
195 places, 9,641 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value US$, 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.