Gross fixed capital formation (constant LCU), per square kilometre in Latvia
Latvia: Gross fixed capital formation (constant LCU), per square kilometre was 121,606 constant LCU per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (constant LCU), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Latvia recorded 121,606 constant LCU per square kilometre for gross fixed capital formation (constant lcu), per square kilometre in 2023.
That represents a change of up 5.0% on the previous year and up 20.4% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per square kilometre in Latvia peaked at 162,976 constant LCU per square kilometre in 2007 and was at its lowest, 23,169 constant LCU per square kilometre, in 1995.
That places Latvia 135th out of 165 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Gross fixed capital formation (constant LCU), per square kilometre in Latvia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1995 | 23,169 constant LCU per square kilometre | — |
| 1996 | 30,895 constant LCU per square kilometre | +33.3% |
| 1997 | 31,495 constant LCU per square kilometre | +1.9% |
| 1998 | 46,008 constant LCU per square kilometre | +46.1% |
| 1999 | 46,520 constant LCU per square kilometre | +1.1% |
| 2000 | 56,090 constant LCU per square kilometre | +20.6% |
| 2001 | 66,266 constant LCU per square kilometre | +18.1% |
| 2002 | 64,669 constant LCU per square kilometre | -2.4% |
| 2003 | 73,926 constant LCU per square kilometre | +14.3% |
| 2004 | 94,102 constant LCU per square kilometre | +27.3% |
| 2005 | 114,261 constant LCU per square kilometre | +21.4% |
| 2006 | 133,072 constant LCU per square kilometre | +16.5% |
| 2007 | 162,976 constant LCU per square kilometre | +22.5% |
| 2008 | 143,856 constant LCU per square kilometre | -11.7% |
| 2009 | 86,255 constant LCU per square kilometre | -40.0% |
| 2010 | 70,622 constant LCU per square kilometre | -18.1% |
| 2011 | 89,364 constant LCU per square kilometre | +26.5% |
| 2012 | 107,202 constant LCU per square kilometre | +20.0% |
| 2013 | 100,994 constant LCU per square kilometre | -5.8% |
| 2014 | 97,265 constant LCU per square kilometre | -3.7% |
| 2015 | 94,344 constant LCU per square kilometre | -3.0% |
| 2016 | 88,382 constant LCU per square kilometre | -6.3% |
| 2017 | 98,072 constant LCU per square kilometre | +11.0% |
| 2018 | 109,391 constant LCU per square kilometre | +11.5% |
| 2019 | 110,858 constant LCU per square kilometre | +1.3% |
| 2020 | 108,151 constant LCU per square kilometre | -2.4% |
| 2021 | 115,461 constant LCU per square kilometre | +6.8% |
| 2022 | 115,860 constant LCU per square kilometre | +0.3% |
| 2023 | 121,606 constant LCU per square kilometre | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35,617 constant LCU per square kilometre | 23,169 constant LCU per square kilometre | 46,520 constant LCU per square kilometre | 5 |
| 2000s | 99,547 constant LCU per square kilometre | 56,090 constant LCU per square kilometre | 162,976 constant LCU per square kilometre | 10 |
| 2010s | 96,649 constant LCU per square kilometre | 70,622 constant LCU per square kilometre | 110,858 constant LCU per square kilometre | 10 |
| 2020s | 115,270 constant LCU per square kilometre | 108,151 constant LCU per square kilometre | 121,606 constant LCU per square kilometre | 4 |
Countries ranked near Latvia
- 132 Estonia 183,667 constant LCU per square kilometre compare
- 133 Palau 174,680 constant LCU per square kilometre compare
- 134 Sierra Leone 143,035 constant LCU per square kilometre compare
- 136 Ghana 119,827 constant LCU per square kilometre compare
- 137 Kiribati 118,825 constant LCU per square kilometre compare
- 138 Bulgaria 118,162 constant 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 fixed capital formation (constant lcu), per square kilometre in Latvia?
- Gross fixed capital formation (constant lcu), per square kilometre in Latvia was 121,606 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per square kilometre recorded in Latvia?
- The highest recorded value was 162,976 constant LCU per square kilometre in 2007.
- What is the lowest gross fixed capital formation (constant lcu), per square kilometre recorded in Latvia?
- The lowest recorded value was 23,169 constant LCU per square kilometre in 1995.
- How does Latvia rank for gross fixed capital formation (constant lcu), per square kilometre?
- Latvia ranks 135th out of 165 countries with data for 2023.
- Is gross fixed capital formation (constant lcu), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 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 fixed capital formation (constant 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 fixed capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross fixed 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 fixed capital formation (constant 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.