Gross capital formation (current LCU), per capita (capita LCU) in Latvia
Latvia: Gross capital formation (current LCU), per capita (capita LCU) was 5,601 current LCU per person in 2025. ◆ Volatile
Gross capital formation (current LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for gross capital formation (current lcu), per capita in Latvia is 5,601 current LCU per person, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 19.8% on the previous year and up 93.2% over ten years.
Over the whole period, gross capital formation (current lcu), per capita in Latvia peaked at 5,601 current LCU per person in 2025 and was at its lowest, 254.48 current LCU per person, in 1995.
Latvia ranks 149th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per capita (capita LCU) in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1995 | 254.48 current LCU per person | — |
| 1996 | 361.38 current LCU per person | +42.0% |
| 1997 | 460.33 current LCU per person | +27.4% |
| 1998 | 633.87 current LCU per person | +37.7% |
| 1999 | 575.73 current LCU per person | -9.2% |
| 2000 | 706.22 current LCU per person | +22.7% |
| 2001 | 886.09 current LCU per person | +25.5% |
| 2002 | 1,008 current LCU per person | +13.7% |
| 2003 | 1,239 current LCU per person | +22.9% |
| 2004 | 1,614 current LCU per person | +30.3% |
| 2005 | 2,129 current LCU per person | +31.9% |
| 2006 | 3,072 current LCU per person | +44.3% |
| 2007 | 4,269 current LCU per person | +39.0% |
| 2008 | 3,966 current LCU per person | -7.1% |
| 2009 | 2,003 current LCU per person | -49.5% |
| 2010 | 1,768 current LCU per person | -11.7% |
| 2011 | 2,485 current LCU per person | +40.5% |
| 2012 | 2,971 current LCU per person | +19.6% |
| 2013 | 2,760 current LCU per person | -7.1% |
| 2014 | 2,820 current LCU per person | +2.2% |
| 2015 | 2,900 current LCU per person | +2.8% |
| 2016 | 2,720 current LCU per person | -6.2% |
| 2017 | 3,042 current LCU per person | +11.9% |
| 2018 | 3,488 current LCU per person | +14.6% |
| 2019 | 3,606 current LCU per person | +3.4% |
| 2020 | 3,407 current LCU per person | -5.5% |
| 2021 | 4,407 current LCU per person | +29.3% |
| 2022 | 4,737 current LCU per person | +7.5% |
| 2023 | 5,186 current LCU per person | +9.5% |
| 2024 | 4,676 current LCU per person | -9.8% |
| 2025 | 5,601 current LCU per person | +19.8% |
Latvia compared with similar countries
- Latvia's 5,601 current LCU per person is below the median for high income countries, which is 18,554 current LCU per person, 30% of the median. (67 countries reporting)
- Latvia's 5,601 current LCU per person is below the median for Europe & Central Asia, which is 13,050 current LCU per person, 43% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 457.16 current LCU per person | 254.48 current LCU per person | 633.87 current LCU per person | 5 |
| 2000s | 2,089 current LCU per person | 706.22 current LCU per person | 4,269 current LCU per person | 10 |
| 2010s | 2,856 current LCU per person | 1,768 current LCU per person | 3,606 current LCU per person | 10 |
| 2020s | 4,669 current LCU per person | 3,407 current LCU per person | 5,601 current LCU per person | 6 |
Countries ranked near Latvia
- 146 Croatia, Republic of 5,897 current LCU per person compare
- 147 Puerto Rico 5,782 current LCU per person compare
- 148 Georgia 5,655 current LCU per person compare
- 150 Bolivia 5,483 current LCU per person compare
- 151 Bosnia and Herzegovina 5,175 current LCU per person compare
- 152 Cyprus 5,126 current LCU per person compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is gross capital formation (current lcu), per capita in Latvia?
- Gross capital formation (current lcu), per capita in Latvia was 5,601 current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per capita recorded in Latvia?
- The highest recorded value was 5,601 current LCU per person in 2025.
- What is the lowest gross capital formation (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 254.48 current LCU per person in 1995.
- How does Latvia rank for gross capital formation (current lcu), per capita?
- Latvia ranks 149th out of 187 countries with data for 2025.
- Is gross capital formation (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 93.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current 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 (current 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 (current 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.