Gross capital formation (current US$), per unit of GDP in Latvia
Latvia: Gross capital formation (current US$), per unit of GDP was 0.2406 current US$ per US$ of GDP in 2025. ▼ Falling
Gross capital formation (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, gross capital formation (current us$), per unit of gdp in Latvia stood at 0.2406 current US$ per US$ of GDP.
Compared with earlier readings it is up 12.1% on the previous year and down 0.4% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Latvia peaked at 0.4367 current US$ per US$ of GDP in 2007 and was at its lowest, 0.1608 current US$ per US$ of GDP, in 1995.
That places Latvia 88th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Gross capital formation (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1608 current US$ per US$ of GDP | — |
| 1996 | 0.1954 current US$ per US$ of GDP | +21.5% |
| 1997 | 0.2134 current US$ per US$ of GDP | +9.2% |
| 1998 | 0.261 current US$ per US$ of GDP | +22.3% |
| 1999 | 0.2257 current US$ per US$ of GDP | -13.5% |
| 2000 | 0.2496 current US$ per US$ of GDP | +10.6% |
| 2001 | 0.283 current US$ per US$ of GDP | +13.4% |
| 2002 | 0.2862 current US$ per US$ of GDP | +1.1% |
| 2003 | 0.31 current US$ per US$ of GDP | +8.3% |
| 2004 | 0.3437 current US$ per US$ of GDP | +10.9% |
| 2005 | 0.3638 current US$ per US$ of GDP | +5.9% |
| 2006 | 0.4182 current US$ per US$ of GDP | +14.9% |
| 2007 | 0.4367 current US$ per US$ of GDP | +4.4% |
| 2008 | 0.3698 current US$ per US$ of GDP | -15.3% |
| 2009 | 0.2321 current US$ per US$ of GDP | -37.2% |
| 2010 | 0.2093 current US$ per US$ of GDP | -9.8% |
| 2011 | 0.2677 current US$ per US$ of GDP | +27.9% |
| 2012 | 0.2864 current US$ per US$ of GDP | +7.0% |
| 2013 | 0.253 current US$ per US$ of GDP | -11.7% |
| 2014 | 0.2467 current US$ per US$ of GDP | -2.5% |
| 2015 | 0.2415 current US$ per US$ of GDP | -2.1% |
| 2016 | 0.2176 current US$ per US$ of GDP | -9.9% |
| 2017 | 0.2271 current US$ per US$ of GDP | +4.4% |
| 2018 | 0.2387 current US$ per US$ of GDP | +5.1% |
| 2019 | 0.2334 current US$ per US$ of GDP | -2.2% |
| 2020 | 0.2216 current US$ per US$ of GDP | -5.1% |
| 2021 | 0.2572 current US$ per US$ of GDP | +16.1% |
| 2022 | 0.2467 current US$ per US$ of GDP | -4.1% |
| 2023 | 0.2469 current US$ per US$ of GDP | +0.1% |
| 2024 | 0.2146 current US$ per US$ of GDP | -13.1% |
| 2025 | 0.2406 current US$ per US$ of GDP | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2113 current US$ per US$ of GDP | 0.1608 current US$ per US$ of GDP | 0.261 current US$ per US$ of GDP | 5 |
| 2000s | 0.3293 current US$ per US$ of GDP | 0.2321 current US$ per US$ of GDP | 0.4367 current US$ per US$ of GDP | 10 |
| 2010s | 0.2421 current US$ per US$ of GDP | 0.2093 current US$ per US$ of GDP | 0.2864 current US$ per US$ of GDP | 10 |
| 2020s | 0.2379 current US$ per US$ of GDP | 0.2146 current US$ per US$ of GDP | 0.2572 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 85 Honduras 0.2416 current US$ per US$ of GDP compare
- 86 Madagascar 0.2415 current US$ per US$ of GDP compare
- 87 Chile 0.2406 current US$ per US$ of GDP compare
- 89 Zambia 0.2379 current US$ per US$ of GDP compare
- 90 Austria 0.2366 current US$ per US$ of GDP compare
- 91 Serbia 0.2338 current US$ per US$ of GDP compare
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 capita 6,330 current US$ per person (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$), per unit of gdp in Latvia?
- Gross capital formation (current us$), per unit of gdp in Latvia was 0.2406 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.4367 current US$ per US$ of GDP in 2007.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1608 current US$ per US$ of GDP in 1995.
- How does Latvia rank for gross capital formation (current us$), per unit of gdp?
- Latvia ranks 88th out of 187 countries with data for 2025.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.