Gross capital formation (current US$), per capita in Latvia
Latvia: Gross capital formation (current US$), per capita was 6,330 current US$ per person in 2025. ◆ Volatile
Gross capital formation (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for gross capital formation (current us$), per capita in Latvia is 6,330 current US$ per person, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 25.1% on the previous year and up 96.7% over ten years.
Over the whole period, gross capital formation (current us$), per capita in Latvia peaked at 6,330 current US$ per person in 2025 and was at its lowest, 362.92 current US$ per person, in 1995.
Latvia ranks 49th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), per capita in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 362.92 current US$ per person | — |
| 1996 | 461.18 current US$ per person | +27.1% |
| 1997 | 556.9 current US$ per person | +20.8% |
| 1998 | 755.24 current US$ per person | +35.6% |
| 1999 | 691.49 current US$ per person | -8.4% |
| 2000 | 818.34 current US$ per person | +18.3% |
| 2001 | 991.82 current US$ per person | +21.2% |
| 2002 | 1,146 current US$ per person | +15.5% |
| 2003 | 1,524 current US$ per person | +33.0% |
| 2004 | 2,100 current US$ per person | +37.8% |
| 2005 | 2,650 current US$ per person | +26.2% |
| 2006 | 3,852 current US$ per person | +45.4% |
| 2007 | 5,839 current US$ per person | +51.6% |
| 2008 | 5,797 current US$ per person | -0.7% |
| 2009 | 2,784 current US$ per person | -52.0% |
| 2010 | 2,342 current US$ per person | -15.9% |
| 2011 | 3,455 current US$ per person | +47.5% |
| 2012 | 3,817 current US$ per person | +10.5% |
| 2013 | 3,664 current US$ per person | -4.0% |
| 2014 | 3,746 current US$ per person | +2.2% |
| 2015 | 3,217 current US$ per person | -14.1% |
| 2016 | 3,011 current US$ per person | -6.4% |
| 2017 | 3,437 current US$ per person | +14.2% |
| 2018 | 4,119 current US$ per person | +19.8% |
| 2019 | 4,036 current US$ per person | -2.0% |
| 2020 | 3,891 current US$ per person | -3.6% |
| 2021 | 5,212 current US$ per person | +33.9% |
| 2022 | 4,989 current US$ per person | -4.3% |
| 2023 | 5,608 current US$ per person | +12.4% |
| 2024 | 5,061 current US$ per person | -9.7% |
| 2025 | 6,330 current US$ per person | +25.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 565.54 current US$ per person | 362.92 current US$ per person | 755.24 current US$ per person | 5 |
| 2000s | 2,750 current US$ per person | 818.34 current US$ per person | 5,839 current US$ per person | 10 |
| 2010s | 3,484 current US$ per person | 2,342 current US$ per person | 4,119 current US$ per person | 10 |
| 2020s | 5,182 current US$ per person | 3,891 current US$ per person | 6,330 current US$ per person | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6715 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current us$), per capita in Latvia?
- Gross capital formation (current us$), per capita in Latvia was 6,330 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per capita recorded in Latvia?
- The highest recorded value was 6,330 current US$ per person in 2025.
- What is the lowest gross capital formation (current us$), per capita recorded in Latvia?
- The lowest recorded value was 362.92 current US$ per person in 1995.
- How does Latvia rank for gross capital formation (current us$), per capita?
- Latvia ranks 49th out of 187 countries with data for 2025.
- Is gross capital formation (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 96.7%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross capital formation (current US$) 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 US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.