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

Latvia
0.1695 million USD per square kilometre
in 2023
Tonga
0.1924 million USD per square kilometre
in 2023
Latvia rank
89th
Tonga rank
86th

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

  • Latvia
  • Tonga
00.050.10.150.20.25197019962023

How they compare

Tonga currently reports 0.1924 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia, a difference of 0.0229 million USD per square kilometre.

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

The two have swapped places 2 times across 32 shared years of data; in 1992 it was Tonga ahead.

Latvia ranks 89th and Tonga ranks 86th of 194 countries.

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

Head to head by decade

Decade Latvia Tonga Difference Ahead
1990s 0.017 million USD per square kilometre 0.0574 million USD per square kilometre 0.0404 million USD per square kilometre Tonga
2000s 0.0873 million USD per square kilometre 0.0764 million USD per square kilometre 0.0109 million USD per square kilometre Latvia
2010s 0.1053 million USD per square kilometre 0.1558 million USD per square kilometre 0.0505 million USD per square kilometre Tonga
2020s 0.1438 million USD per square kilometre 0.1982 million USD per square kilometre 0.0544 million USD per square kilometre Tonga

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, per square kilometre, Latvia or Tonga?
Tonga, at 0.1924 million USD per square kilometre against 0.1695 million USD per square kilometre in Latvia as of 2023.
What is the difference in gross fixed capital formation — value us$, per square kilometre between Latvia and Tonga?
0.0229 million USD per square kilometre, with Tonga ahead.
How many years of comparable data are there for Latvia and Tonga?
32 years are reported by both, from 1992 to 2023.
How do Latvia and Tonga rank globally for gross fixed capital formation — value us$, per square kilometre?
Latvia ranks 89th and Tonga ranks 86th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Tonga: 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/latvia/tonga/

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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.