Azerbaijan, Republic of vs Latvia: Gross Fixed Capital Formation — Value US$
Gross Fixed Capital Formation — Value US$ over time
- Azerbaijan, Republic of
- Latvia
How they compare
Azerbaijan, Republic of currently reports 10,643 million USD against 10,094 million USD in Latvia, a difference of 549 million USD.
That makes Azerbaijan, Republic of's figure about 1.1 times Latvia's.
The two have swapped places 6 times across 34 shared years of data; in 1991 it was Azerbaijan, Republic of ahead.
Azerbaijan, Republic of ranks 91st and Latvia ranks 94th of 200 countries.
Across the 4 decades both report, Azerbaijan, Republic of averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Azerbaijan, Republic of | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1,050 million USD | 999.86 million USD | 50.25 million USD | Azerbaijan, Republic of |
| 2000s | 4,970 million USD | 5,430 million USD | 460.91 million USD | Latvia |
| 2010s | 13,224 million USD | 6,555 million USD | 6,669 million USD | Azerbaijan, Republic of |
| 2020s | 9,886 million USD | 9,177 million USD | 708.4 million USD | Azerbaijan, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, Azerbaijan, Republic of or Latvia?
- Azerbaijan, Republic of, at 10,643 million USD against 10,094 million USD in Latvia as of 2024.
- What is the difference in gross fixed capital formation — value us$ between Azerbaijan, Republic of and Latvia?
- 549 million USD, with Azerbaijan, Republic of ahead.
- How many years of comparable data are there for Azerbaijan, Republic of and Latvia?
- 34 years are reported by both, from 1991 to 2024.
- How do Azerbaijan, Republic of and Latvia rank globally for gross fixed capital formation — value us$?
- Azerbaijan, Republic of ranks 91st and Latvia ranks 94th of 200 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).