Gross fixed capital formation (constant LCU), per unit of GDP in Latvia
Latvia: Gross fixed capital formation (constant LCU), per unit of GDP was 0.1589 constant LCU per US$ of GDP in 2025. ▼ Falling
Gross fixed capital formation (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant lcu), per unit of gdp in Latvia is 0.1589 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 31 years on record.
That represents a change of down 0.6% on the previous year and down 28.7% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per unit of gdp in Latvia peaked at 0.5034 constant LCU per US$ of GDP in 2001 and was at its lowest, 0.1589 constant LCU per US$ of GDP, in 2025.
That places Latvia 143rd out of 168 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross fixed capital formation (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.2571 constant LCU per US$ of GDP | — |
| 1996 | 0.3315 constant LCU per US$ of GDP | +28.9% |
| 1997 | 0.3087 constant LCU per US$ of GDP | -6.9% |
| 1998 | 0.4105 constant LCU per US$ of GDP | +33.0% |
| 1999 | 0.3952 constant LCU per US$ of GDP | -3.7% |
| 2000 | 0.4497 constant LCU per US$ of GDP | +13.8% |
| 2001 | 0.5034 constant LCU per US$ of GDP | +11.9% |
| 2002 | 0.4351 constant LCU per US$ of GDP | -13.6% |
| 2003 | 0.4091 constant LCU per US$ of GDP | -6.0% |
| 2004 | 0.4235 constant LCU per US$ of GDP | +3.5% |
| 2005 | 0.436 constant LCU per US$ of GDP | +3.0% |
| 2006 | 0.4052 constant LCU per US$ of GDP | -7.1% |
| 2007 | 0.3447 constant LCU per US$ of GDP | -14.9% |
| 2008 | 0.2622 constant LCU per US$ of GDP | -23.9% |
| 2009 | 0.2089 constant LCU per US$ of GDP | -20.3% |
| 2010 | 0.1873 constant LCU per US$ of GDP | -10.4% |
| 2011 | 0.2092 constant LCU per US$ of GDP | +11.7% |
| 2012 | 0.246 constant LCU per US$ of GDP | +17.6% |
| 2013 | 0.2156 constant LCU per US$ of GDP | -12.4% |
| 2014 | 0.1999 constant LCU per US$ of GDP | -7.3% |
| 2015 | 0.2228 constant LCU per US$ of GDP | +11.5% |
| 2016 | 0.2028 constant LCU per US$ of GDP | -9.0% |
| 2017 | 0.2076 constant LCU per US$ of GDP | +2.4% |
| 2018 | 0.2047 constant LCU per US$ of GDP | -1.4% |
| 2019 | 0.2084 constant LCU per US$ of GDP | +1.8% |
| 2020 | 0.2016 constant LCU per US$ of GDP | -3.3% |
| 2021 | 0.1882 constant LCU per US$ of GDP | -6.7% |
| 2022 | 0.1897 constant LCU per US$ of GDP | +0.8% |
| 2023 | 0.1769 constant LCU per US$ of GDP | -6.8% |
| 2024 | 0.1599 constant LCU per US$ of GDP | -9.6% |
| 2025 | 0.1589 constant LCU per US$ of GDP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3406 constant LCU per US$ of GDP | 0.2571 constant LCU per US$ of GDP | 0.4105 constant LCU per US$ of GDP | 5 |
| 2000s | 0.3878 constant LCU per US$ of GDP | 0.2089 constant LCU per US$ of GDP | 0.5034 constant LCU per US$ of GDP | 10 |
| 2010s | 0.2104 constant LCU per US$ of GDP | 0.1873 constant LCU per US$ of GDP | 0.246 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1792 constant LCU per US$ of GDP | 0.1589 constant LCU per US$ of GDP | 0.2016 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 140 Austria 0.167 constant LCU per US$ of GDP compare
- 141 Estonia 0.161 constant LCU per US$ of GDP compare
- 142 Zimbabwe 0.1593 constant LCU per US$ of GDP compare
- 144 Lithuania 0.1574 constant LCU per US$ of GDP compare
- 145 Montenegro 0.157 constant LCU per US$ of GDP compare
- 146 Ireland 0.1563 constant LCU per US$ of GDP 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 unit of gdp in Latvia?
- Gross fixed capital formation (constant lcu), per unit of gdp in Latvia was 0.1589 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.5034 constant LCU per US$ of GDP in 2001.
- What is the lowest gross fixed capital formation (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.1589 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for gross fixed capital formation (constant lcu), per unit of gdp?
- Latvia ranks 143rd out of 168 countries with data for 2025.
- Is gross fixed capital formation (constant lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 28.7%. 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 fixed capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed capital formation (constant 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.