Azerbaijan vs Latvia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square
Azerbaijan
0.135 million USD per square kilometre
in 2023
Latvia
0.1251 million USD per square kilometre
in 2023
Azerbaijan rank
89th
Latvia rank
92nd
Gross Fixed Capital Formation — Value US$, 2015 prices, per square over time
- Azerbaijan
- Latvia
How they compare
Azerbaijan currently reports 0.135 million USD per square kilometre against 0.1251 million USD per square kilometre in Latvia, a difference of 0.0099 million USD per square kilometre.
That makes Azerbaijan's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 32 shared years of data; in 1992 it was Latvia ahead.
Azerbaijan ranks 89th and Latvia ranks 92nd of 194 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.009 million USD per square kilometre | 0.0308 million USD per square kilometre | 0.0218 million USD per square kilometre | Latvia |
| 2000s | 0.0574 million USD per square kilometre | 0.0997 million USD per square kilometre | 0.0423 million USD per square kilometre | Latvia |
| 2010s | 0.149 million USD per square kilometre | 0.0968 million USD per square kilometre | 0.0522 million USD per square kilometre | Azerbaijan |
| 2020s | 0.1272 million USD per square kilometre | 0.1157 million USD per square kilometre | 0.0115 million USD per square kilometre | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, per square, Azerbaijan or Latvia?
- Azerbaijan, at 0.135 million USD per square kilometre against 0.1251 million USD per square kilometre in Latvia as of 2023.
- What is the difference in gross fixed capital formation — value us$, 2015 prices, per square between Azerbaijan and Latvia?
- 0.0099 million USD per square kilometre, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 32 years are reported by both, from 1992 to 2023.
- How do Azerbaijan and Latvia rank globally for gross fixed capital formation — value us$, 2015 prices, per square?
- Azerbaijan ranks 89th and Latvia ranks 92nd of 194 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.