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

Guatemala
0.1577 million USD per square kilometre
in 2023
Latvia
0.1695 million USD per square kilometre
in 2023
Guatemala rank
92nd
Latvia rank
89th

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

  • Guatemala
  • Latvia
00.050.10.150.2197019962023

How they compare

Latvia currently reports 0.1695 million USD per square kilometre against 0.1577 million USD per square kilometre in Guatemala, a difference of 0.0118 million USD per square kilometre.

That makes Latvia's figure about 1.1 times Guatemala's.

The two have swapped places 5 times across 32 shared years of data; in 1992 it was Guatemala ahead.

Guatemala ranks 92nd and Latvia ranks 89th of 194 countries.

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

Head to head by decade

Decade Guatemala Latvia Difference Ahead
1990s 0.024 million USD per square kilometre 0.017 million USD per square kilometre 0.0071 million USD per square kilometre Guatemala
2000s 0.0483 million USD per square kilometre 0.0873 million USD per square kilometre 0.039 million USD per square kilometre Latvia
2010s 0.0815 million USD per square kilometre 0.1053 million USD per square kilometre 0.0238 million USD per square kilometre Latvia
2020s 0.1341 million USD per square kilometre 0.1438 million USD per square kilometre 0.0097 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$, per square kilometre, Guatemala or Latvia?
Latvia, at 0.1695 million USD per square kilometre against 0.1577 million USD per square kilometre in Guatemala as of 2023.
What is the difference in gross fixed capital formation — value us$, per square kilometre between Guatemala and Latvia?
0.0118 million USD per square kilometre, with Latvia ahead.
How many years of comparable data are there for Guatemala and Latvia?
32 years are reported by both, from 1992 to 2023.
How do Guatemala and Latvia rank globally for gross fixed capital formation — value us$, per square kilometre?
Guatemala ranks 92nd and Latvia ranks 89th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Guatemala 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/guatemala/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-per-square-kilometre/guatemala/latvia/">Guatemala vs Latvia: Gross Fixed Capital Formation — Value US$, per square kilometre</a> — Statizoid

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.