Gross capital formation (constant LCU), per square kilometre in Latvia
Latvia: Gross capital formation (constant LCU), per square kilometre was 122,265 constant LCU per square kilometre in 2023. ▲ Rising
Gross capital formation (constant LCU), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross capital formation (constant lcu), per square kilometre in Latvia is 122,265 constant LCU per square kilometre, measured in 2023.
Compared with earlier readings it is up 1.5% on the previous year and up 41.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Latvia peaked at 155,144 constant LCU per square kilometre in 2007 and was at its lowest, 21,469 constant LCU per square kilometre, in 1995.
Latvia ranks 138th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Gross capital formation (constant LCU), per square kilometre in Latvia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1995 | 21,469 constant LCU per square kilometre | — |
| 1996 | 27,422 constant LCU per square kilometre | +27.7% |
| 1997 | 29,925 constant LCU per square kilometre | +9.1% |
| 1998 | 43,600 constant LCU per square kilometre | +45.7% |
| 1999 | 44,273 constant LCU per square kilometre | +1.5% |
| 2000 | 46,583 constant LCU per square kilometre | +5.2% |
| 2001 | 57,846 constant LCU per square kilometre | +24.2% |
| 2002 | 61,672 constant LCU per square kilometre | +6.6% |
| 2003 | 76,288 constant LCU per square kilometre | +23.7% |
| 2004 | 93,657 constant LCU per square kilometre | +22.8% |
| 2005 | 105,071 constant LCU per square kilometre | +12.2% |
| 2006 | 131,409 constant LCU per square kilometre | +25.1% |
| 2007 | 155,144 constant LCU per square kilometre | +18.1% |
| 2008 | 133,059 constant LCU per square kilometre | -14.2% |
| 2009 | 80,070 constant LCU per square kilometre | -39.8% |
| 2010 | 64,840 constant LCU per square kilometre | -19.0% |
| 2011 | 90,536 constant LCU per square kilometre | +39.6% |
| 2012 | 95,401 constant LCU per square kilometre | +5.4% |
| 2013 | 86,188 constant LCU per square kilometre | -9.7% |
| 2014 | 81,907 constant LCU per square kilometre | -5.0% |
| 2015 | 85,496 constant LCU per square kilometre | +4.4% |
| 2016 | 85,615 constant LCU per square kilometre | +0.1% |
| 2017 | 94,688 constant LCU per square kilometre | +10.6% |
| 2018 | 107,593 constant LCU per square kilometre | +13.6% |
| 2019 | 113,850 constant LCU per square kilometre | +5.8% |
| 2020 | 104,046 constant LCU per square kilometre | -8.6% |
| 2021 | 128,857 constant LCU per square kilometre | +23.8% |
| 2022 | 120,445 constant LCU per square kilometre | -6.5% |
| 2023 | 122,265 constant LCU per square kilometre | +1.5% |
Latvia compared with similar countries
- Latvia's 122,265 constant LCU per square kilometre is below the median for high income countries, which is 1.60 million constant LCU per square kilometre, 8% of the median. (58 countries reporting)
- Latvia's 122,265 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 9% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33,338 constant LCU per square kilometre | 21,469 constant LCU per square kilometre | 44,273 constant LCU per square kilometre | 5 |
| 2000s | 94,080 constant LCU per square kilometre | 46,583 constant LCU per square kilometre | 155,144 constant LCU per square kilometre | 10 |
| 2010s | 90,611 constant LCU per square kilometre | 64,840 constant LCU per square kilometre | 113,850 constant LCU per square kilometre | 10 |
| 2020s | 118,903 constant LCU per square kilometre | 104,046 constant LCU per square kilometre | 128,857 constant LCU per square kilometre | 4 |
Countries ranked near Latvia
- 135 Sierra Leone 142,334 constant LCU per square kilometre compare
- 136 Bulgaria 126,307 constant LCU per square kilometre compare
- 137 Ghana 123,807 constant LCU per square kilometre compare
- 139 Kiribati 119,058 constant LCU per square kilometre compare
- 140 Montenegro 101,726 constant LCU per square kilometre compare
- 141 Botswana 99,977 constant LCU per square kilometre compare
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 square kilometre in Latvia?
- Gross capital formation (constant lcu), per square kilometre in Latvia was 122,265 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Latvia?
- The highest recorded value was 155,144 constant LCU per square kilometre in 2007.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Latvia?
- The lowest recorded value was 21,469 constant LCU per square kilometre in 1995.
- How does Latvia rank for gross capital formation (constant lcu), per square kilometre?
- Latvia ranks 138th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 41.9%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.