Gross capital formation (current LCU), per unit of GDP (current unit) in Latvia
Latvia: Gross capital formation (current LCU), per unit of GDP (current unit) was 0.2129 current LCU per US$ of GDP in 2025. ▬ Flat
Gross capital formation (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, gross capital formation (current lcu), per unit of gdp in Latvia stood at 0.2129 current LCU per US$ of GDP.
Compared with earlier readings it is up 7.4% on the previous year and down 2.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Latvia peaked at 0.3335 current LCU per US$ of GDP in 2006 and was at its lowest, 0.1128 current LCU per US$ of GDP, in 1995.
Latvia ranks 158th of 187 countries on this measure, in the bottom quarter.
Gross capital formation (current LCU), per unit of GDP (current unit) in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1128 current LCU per US$ of GDP | — |
| 1996 | 0.1531 current LCU per US$ of GDP | +35.8% |
| 1997 | 0.1764 current LCU per US$ of GDP | +15.2% |
| 1998 | 0.219 current LCU per US$ of GDP | +24.2% |
| 1999 | 0.1879 current LCU per US$ of GDP | -14.2% |
| 2000 | 0.2154 current LCU per US$ of GDP | +14.6% |
| 2001 | 0.2528 current LCU per US$ of GDP | +17.4% |
| 2002 | 0.2517 current LCU per US$ of GDP | -0.4% |
| 2003 | 0.2521 current LCU per US$ of GDP | +0.1% |
| 2004 | 0.2642 current LCU per US$ of GDP | +4.8% |
| 2005 | 0.2923 current LCU per US$ of GDP | +10.7% |
| 2006 | 0.3335 current LCU per US$ of GDP | +14.1% |
| 2007 | 0.3192 current LCU per US$ of GDP | -4.3% |
| 2008 | 0.253 current LCU per US$ of GDP | -20.8% |
| 2009 | 0.167 current LCU per US$ of GDP | -34.0% |
| 2010 | 0.158 current LCU per US$ of GDP | -5.4% |
| 2011 | 0.1926 current LCU per US$ of GDP | +21.9% |
| 2012 | 0.2229 current LCU per US$ of GDP | +15.7% |
| 2013 | 0.1905 current LCU per US$ of GDP | -14.5% |
| 2014 | 0.1857 current LCU per US$ of GDP | -2.6% |
| 2015 | 0.2177 current LCU per US$ of GDP | +17.2% |
| 2016 | 0.1965 current LCU per US$ of GDP | -9.7% |
| 2017 | 0.201 current LCU per US$ of GDP | +2.3% |
| 2018 | 0.2022 current LCU per US$ of GDP | +0.6% |
| 2019 | 0.2085 current LCU per US$ of GDP | +3.1% |
| 2020 | 0.194 current LCU per US$ of GDP | -7.0% |
| 2021 | 0.2175 current LCU per US$ of GDP | +12.1% |
| 2022 | 0.2343 current LCU per US$ of GDP | +7.7% |
| 2023 | 0.2284 current LCU per US$ of GDP | -2.5% |
| 2024 | 0.1983 current LCU per US$ of GDP | -13.2% |
| 2025 | 0.2129 current LCU per US$ of GDP | +7.4% |
Latvia compared with similar countries
- Latvia's 0.2129 current LCU per US$ of GDP is below the median for high income countries, which is 0.3353 current LCU per US$ of GDP, 63% of the median. (67 countries reporting)
- Latvia's 0.2129 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.4098 current LCU per US$ of GDP, 52% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1698 current LCU per US$ of GDP | 0.1128 current LCU per US$ of GDP | 0.219 current LCU per US$ of GDP | 5 |
| 2000s | 0.2601 current LCU per US$ of GDP | 0.167 current LCU per US$ of GDP | 0.3335 current LCU per US$ of GDP | 10 |
| 2010s | 0.1976 current LCU per US$ of GDP | 0.158 current LCU per US$ of GDP | 0.2229 current LCU per US$ of GDP | 10 |
| 2020s | 0.2142 current LCU per US$ of GDP | 0.194 current LCU per US$ of GDP | 0.2343 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 155 Croatia 0.2176 current LCU per US$ of GDP compare
- 156 United States 0.2153 current LCU per US$ of GDP compare
- 157 Jordan 0.2146 current LCU per US$ of GDP compare
- 159 Marshall Islands 0.2112 current LCU per US$ of GDP compare
- 160 Ecuador 0.2094 current LCU per US$ of GDP compare
- 161 Austria 0.2094 current LCU per US$ of GDP compare
More economy & growth data for Latvia
- 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)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Latvia?
- Gross capital formation (current lcu), per unit of gdp in Latvia was 0.2129 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.3335 current LCU per US$ of GDP in 2006.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1128 current LCU per US$ of GDP in 1995.
- How does Latvia rank for gross capital formation (current lcu), per unit of gdp?
- Latvia ranks 158th out of 187 countries with data for 2025.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.