Ecuador vs Latvia: Gross Fixed Capital Formation — Value US$, annual growth rate
Ecuador
-4.56 % change on previous year
in 2024
Latvia
-4.31 % change on previous year
in 2024
Ecuador rank
205th
Latvia rank
204th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Ecuador
- Latvia
How they compare
Latvia currently reports -4.31 % change on previous year against -4.56 % change on previous year in Ecuador, a difference of 0.25 % change on previous year.
The two have swapped places 12 times across 33 shared years of data; in 1992 it was Latvia ahead.
Ecuador ranks 205th and Latvia ranks 204th of 235 countries.
Across the 4 decades both report, Ecuador averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Ecuador | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.32 % change on previous year | 16.36 % change on previous year | 14.04 % change on previous year | Latvia |
| 2000s | 16.3 % change on previous year | 17.62 % change on previous year | 1.32 % change on previous year | Latvia |
| 2010s | 8.03 % change on previous year | 3.95 % change on previous year | 4.07 % change on previous year | Ecuador |
| 2020s | 1.18 % change on previous year | 6.43 % change on previous year | 5.25 % 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 us$, annual growth rate, Ecuador or Latvia?
- Latvia, at -4.31 % change on previous year against -4.56 % change on previous year in Ecuador as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Ecuador and Latvia?
- 0.25 % change on previous year, with Latvia ahead.
- How many years of comparable data are there for Ecuador and Latvia?
- 33 years are reported by both, from 1992 to 2024.
- How do Ecuador and Latvia rank globally for gross fixed capital formation — value us$, annual growth rate?
- Ecuador ranks 205th and Latvia ranks 204th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.