Armenia vs Latvia: Gross Fixed Capital Formation — Value US$, per square kilometre
Armenia
0.1783 million USD per square kilometre
in 2023
Latvia
0.1695 million USD per square kilometre
in 2023
Armenia rank
87th
Latvia rank
89th
Gross Fixed Capital Formation — Value US$, per square kilometre over time
- Armenia
- Latvia
How they compare
Armenia currently reports 0.1783 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia, a difference of 0.0088 million USD per square kilometre.
That makes Armenia's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 32 shared years of data; in 1992 it was Latvia ahead.
Armenia ranks 87th and Latvia ranks 89th 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 | 0.009 million USD per square kilometre | 0.017 million USD per square kilometre | 0.0079 million USD per square kilometre | Latvia |
| 2000s | 0.0662 million USD per square kilometre | 0.0873 million USD per square kilometre | 0.0211 million USD per square kilometre | Latvia |
| 2010s | 0.0829 million USD per square kilometre | 0.1053 million USD per square kilometre | 0.0225 million USD per square kilometre | Latvia |
| 2020s | 0.127 million USD per square kilometre | 0.1438 million USD per square kilometre | 0.0168 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$, per square kilometre, Armenia or Latvia?
- Armenia, at 0.1783 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia as of 2023.
- What is the difference in gross fixed capital formation — value us$, per square kilometre between Armenia and Latvia?
- 0.0088 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$, per square kilometre?
- Armenia ranks 87th and Latvia ranks 89th of 194 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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$ 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.