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

Latvia
0.1251 million USD per square kilometre
in 2023
North Macedonia
0.1149 million USD per square kilometre
in 2023
Latvia rank
92nd
North Macedonia rank
94th

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

  • Latvia
  • North Macedonia
00.050.10.15199220072023

How they compare

Latvia currently reports 0.1251 million USD per square kilometre against 0.1149 million USD per square kilometre in North Macedonia, a difference of 0.0102 million USD per square kilometre.

That makes Latvia's figure about 1.1 times North Macedonia's.

The two have swapped places 3 times across 32 shared years of data; in 1992 it was North Macedonia ahead.

Latvia ranks 92nd and North Macedonia ranks 94th of 194 countries.

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

Head to head by decade

Decade Latvia North Macedonia Difference Ahead
1990s 0.0308 million USD per square kilometre 0.0467 million USD per square kilometre 0.0159 million USD per square kilometre North Macedonia
2000s 0.0997 million USD per square kilometre 0.0528 million USD per square kilometre 0.0469 million USD per square kilometre Latvia
2010s 0.0968 million USD per square kilometre 0.0904 million USD per square kilometre 0.0064 million USD per square kilometre Latvia
2020s 0.1157 million USD per square kilometre 0.1074 million USD per square kilometre 0.0084 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$, 2015 prices, per square, Latvia or North Macedonia?
Latvia, at 0.1251 million USD per square kilometre against 0.1149 million USD per square kilometre in North Macedonia as of 2023.
What is the difference in gross fixed capital formation — value us$, 2015 prices, per square between Latvia and North Macedonia?
0.0102 million USD per square kilometre, with Latvia ahead.
How many years of comparable data are there for Latvia and North Macedonia?
32 years are reported by both, from 1992 to 2023.
How do Latvia and North Macedonia rank globally for gross fixed capital formation — value us$, 2015 prices, per square?
Latvia ranks 92nd and North Macedonia ranks 94th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs North Macedonia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/latvia/north-macedonia/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices-per-square-kilometre/latvia/north-macedonia/">Latvia vs North Macedonia: 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.