Gross capital formation (constant LCU), per capita in Latvia
Latvia: Gross capital formation (constant LCU), per capita was 4,615 constant LCU per person in 2025. ▲ Rising
Gross capital formation (constant LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
The most recent figure for gross capital formation (constant lcu), per capita in Latvia is 4,615 constant LCU per person, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 19.5% on the previous year and up 71.6% over ten years.
Over the whole period, gross capital formation (constant lcu), per capita in Latvia peaked at 4,615 constant LCU per person in 2025 and was at its lowest, 537.59 constant LCU per person, in 1995.
That places Latvia 122nd out of 170 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross capital formation (constant LCU), per capita in Latvia, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1995 | 537.59 constant LCU per person | — |
| 1996 | 694.43 constant LCU per person | +29.2% |
| 1997 | 765.42 constant LCU per person | +10.2% |
| 1998 | 1,126 constant LCU per person | +47.1% |
| 1999 | 1,152 constant LCU per person | +2.4% |
| 2000 | 1,224 constant LCU per person | +6.2% |
| 2001 | 1,540 constant LCU per person | +25.8% |
| 2002 | 1,661 constant LCU per person | +7.9% |
| 2003 | 2,075 constant LCU per person | +24.9% |
| 2004 | 2,575 constant LCU per person | +24.1% |
| 2005 | 2,920 constant LCU per person | +13.4% |
| 2006 | 3,686 constant LCU per person | +26.2% |
| 2007 | 4,388 constant LCU per person | +19.0% |
| 2008 | 3,803 constant LCU per person | -13.3% |
| 2009 | 2,326 constant LCU per person | -38.8% |
| 2010 | 1,924 constant LCU per person | -17.3% |
| 2011 | 2,735 constant LCU per person | +42.2% |
| 2012 | 2,918 constant LCU per person | +6.7% |
| 2013 | 2,665 constant LCU per person | -8.7% |
| 2014 | 2,556 constant LCU per person | -4.1% |
| 2015 | 2,690 constant LCU per person | +5.2% |
| 2016 | 2,719 constant LCU per person | +1.1% |
| 2017 | 3,034 constant LCU per person | +11.6% |
| 2018 | 3,474 constant LCU per person | +14.5% |
| 2019 | 3,702 constant LCU per person | +6.6% |
| 2020 | 3,407 constant LCU per person | -8.0% |
| 2021 | 4,255 constant LCU per person | +24.9% |
| 2022 | 3,988 constant LCU per person | -6.3% |
| 2023 | 4,039 constant LCU per person | +1.3% |
| 2024 | 3,862 constant LCU per person | -4.4% |
| 2025 | 4,615 constant LCU per person | +19.5% |
Latvia compared with similar countries
- Latvia's 4,615 constant LCU per person is below the median for high income countries, which is 10,736 constant LCU per person, 43% of the median. (58 countries reporting)
- Latvia's 4,615 constant LCU per person is below the median for Europe & Central Asia, which is 9,201 constant LCU per person, 50% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 855.13 constant LCU per person | 537.59 constant LCU per person | 1,152 constant LCU per person | 5 |
| 2000s | 2,620 constant LCU per person | 1,224 constant LCU per person | 4,388 constant LCU per person | 10 |
| 2010s | 2,842 constant LCU per person | 1,924 constant LCU per person | 3,702 constant LCU per person | 10 |
| 2020s | 4,028 constant LCU per person | 3,407 constant LCU per person | 4,615 constant LCU per person | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per capita in Latvia?
- Gross capital formation (constant lcu), per capita in Latvia was 4,615 constant LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per capita recorded in Latvia?
- The highest recorded value was 4,615 constant LCU per person in 2025.
- What is the lowest gross capital formation (constant lcu), per capita recorded in Latvia?
- The lowest recorded value was 537.59 constant LCU per person in 1995.
- How does Latvia rank for gross capital formation (constant lcu), per capita?
- Latvia ranks 122nd out of 170 countries with data for 2025.
- Is gross capital formation (constant lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 71.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.