Latvia vs Nepal: Gross Fixed Capital Formation — Value US$

Latvia
10,094 million USD
in 2024
Nepal
10,556 million USD
in 2024
Latvia rank
101st
Nepal rank
100th

Gross Fixed Capital Formation — Value US$ over time

  • Latvia
  • Nepal
02.5k5.0k7.5k10.0k12.5k197019972024

How they compare

Nepal currently reports 10,556 million USD against 10,094 million USD in Latvia, a difference of 462 million USD.

The two have swapped places 4 times across 34 shared years of data; in 1991 it was Nepal ahead.

Latvia ranks 101st and Nepal ranks 100th of 219 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Nepal in 2.

Head to head by decade

Decade Latvia Nepal Difference Ahead
1990s 999.86 million USD 945.09 million USD 54.78 million USD Latvia
2000s 5,430 million USD 1,932 million USD 3,498 million USD Latvia
2010s 6,555 million USD 6,984 million USD 428.6 million USD Nepal
2020s 9,177 million USD 10,610 million USD 1,432 million USD Nepal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, Latvia or Nepal?
Nepal, at 10,556 million USD against 10,094 million USD in Latvia as of 2024.
What is the difference in gross fixed capital formation — value us$ between Latvia and Nepal?
462 million USD, with Nepal ahead.
How many years of comparable data are there for Latvia and Nepal?
34 years are reported by both, from 1991 to 2024.
How do Latvia and Nepal rank globally for gross fixed capital formation — value us$?
Latvia ranks 101st and Nepal ranks 100th of 219 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Nepal: Gross Fixed Capital Formation — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us/latvia/nepal/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).