Gross capital formation (current LCU), per square kilometre in Latvia
Latvia: Gross capital formation (current LCU), per square kilometre was 156,983 current LCU per square kilometre in 2023. ◆ Volatile
Gross capital formation (current LCU), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, gross capital formation (current lcu), per square kilometre in Latvia stood at 156,983 current LCU per square kilometre. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 75.9% over ten years.
Over the whole period, gross capital formation (current lcu), per square kilometre in Latvia peaked at 156,983 current LCU per square kilometre in 2023 and was at its lowest, 10,163 current LCU per square kilometre, in 1995.
Latvia ranks 159th of 184 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 square kilometre in Latvia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1995 | 10,163 current LCU per square kilometre | — |
| 1996 | 14,270 current LCU per square kilometre | +40.4% |
| 1997 | 17,997 current LCU per square kilometre | +26.1% |
| 1998 | 24,550 current LCU per square kilometre | +36.4% |
| 1999 | 22,117 current LCU per square kilometre | -9.9% |
| 2000 | 26,870 current LCU per square kilometre | +21.5% |
| 2001 | 33,280 current LCU per square kilometre | +23.9% |
| 2002 | 37,418 current LCU per square kilometre | +12.4% |
| 2003 | 45,549 current LCU per square kilometre | +21.7% |
| 2004 | 58,705 current LCU per square kilometre | +28.9% |
| 2005 | 76,610 current LCU per square kilometre | +30.5% |
| 2006 | 109,510 current LCU per square kilometre | +42.9% |
| 2007 | 150,935 current LCU per square kilometre | +37.8% |
| 2008 | 138,758 current LCU per square kilometre | -8.1% |
| 2009 | 68,941 current LCU per square kilometre | -50.3% |
| 2010 | 59,604 current LCU per square kilometre | -13.5% |
| 2011 | 82,256 current LCU per square kilometre | +38.0% |
| 2012 | 97,132 current LCU per square kilometre | +18.1% |
| 2013 | 89,262 current LCU per square kilometre | -8.1% |
| 2014 | 90,338 current LCU per square kilometre | +1.2% |
| 2015 | 92,149 current LCU per square kilometre | +2.0% |
| 2016 | 85,651 current LCU per square kilometre | -7.1% |
| 2017 | 94,959 current LCU per square kilometre | +10.9% |
| 2018 | 108,015 current LCU per square kilometre | +13.7% |
| 2019 | 110,892 current LCU per square kilometre | +2.7% |
| 2020 | 104,046 current LCU per square kilometre | -6.2% |
| 2021 | 133,445 current LCU per square kilometre | +28.3% |
| 2022 | 143,069 current LCU per square kilometre | +7.2% |
| 2023 | 156,983 current LCU per square kilometre | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17,819 current LCU per square kilometre | 10,163 current LCU per square kilometre | 24,550 current LCU per square kilometre | 5 |
| 2000s | 74,658 current LCU per square kilometre | 26,870 current LCU per square kilometre | 150,935 current LCU per square kilometre | 10 |
| 2010s | 91,026 current LCU per square kilometre | 59,604 current LCU per square kilometre | 110,892 current LCU per square kilometre | 10 |
| 2020s | 134,386 current LCU per square kilometre | 104,046 current LCU per square kilometre | 156,983 current LCU per square kilometre | 4 |
Countries ranked near Latvia
- 156 Venezuela, Bolivarian Republic of 182,701 current LCU per square kilometre compare
- 157 Bulgaria 172,296 current LCU per square kilometre compare
- 158 Mauritania 169,158 current LCU per square kilometre compare
- 160 Peru 153,440 current LCU per square kilometre compare
- 161 Botswana 140,388 current LCU per square kilometre compare
- 162 Kiribati 134,107 current 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 (current lcu), per square kilometre in Latvia?
- Gross capital formation (current lcu), per square kilometre in Latvia was 156,983 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per square kilometre recorded in Latvia?
- The highest recorded value was 156,983 current LCU per square kilometre in 2023.
- What is the lowest gross capital formation (current lcu), per square kilometre recorded in Latvia?
- The lowest recorded value was 10,163 current LCU per square kilometre in 1995.
- How does Latvia rank for gross capital formation (current lcu), per square kilometre?
- Latvia ranks 159th out of 184 countries with data for 2023.
- Is gross capital formation (current lcu), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 75.9%. 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 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 (current 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 (current 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 (current 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.