Bulgaria vs Latvia: Gross Fixed Capital Formation — Value US$, per square kilometre

Bulgaria
0.1763 million USD per square kilometre
in 2023
Latvia
0.1695 million USD per square kilometre
in 2023
Bulgaria rank
88th
Latvia rank
89th

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

  • Bulgaria
  • Latvia
00.050.10.150.2197019962023

How they compare

Bulgaria currently reports 0.1763 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia, a difference of 0.0068 million USD per square kilometre.

The two have swapped places 7 times across 32 shared years of data; in 1992 it was Latvia ahead.

Bulgaria ranks 88th and Latvia ranks 89th of 194 countries.

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

Head to head by decade

Decade Bulgaria Latvia Difference Ahead
1990s 0.0143 million USD per square kilometre 0.017 million USD per square kilometre 0.0027 million USD per square kilometre Latvia
2000s 0.0734 million USD per square kilometre 0.0873 million USD per square kilometre 0.0139 million USD per square kilometre Latvia
2010s 0.1061 million USD per square kilometre 0.1053 million USD per square kilometre 0.0008 million USD per square kilometre Bulgaria
2020s 0.142 million USD per square kilometre 0.1438 million USD per square kilometre 0.0018 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$, per square kilometre, Bulgaria or Latvia?
Bulgaria, at 0.1763 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia as of 2023.
What is the difference in gross fixed capital formation — value us$, per square kilometre between Bulgaria and Latvia?
0.0068 million USD per square kilometre, with Bulgaria ahead.
How many years of comparable data are there for Bulgaria and Latvia?
32 years are reported by both, from 1992 to 2023.
How do Bulgaria and Latvia rank globally for gross fixed capital formation — value us$, per square kilometre?
Bulgaria ranks 88th and Latvia ranks 89th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 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$ 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.