Gross fixed capital formation (current LCU), per capita (capita) in Latvia
Latvia: Gross fixed capital formation (current LCU), per capita (capita) was 5,465 current LCU per person in 2025. ◆ Volatile
Gross fixed capital formation (current LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for gross fixed capital formation (current lcu), per capita in Latvia is 5,465 current LCU per person, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 12.8% on the previous year and up 104.0% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per capita in Latvia peaked at 5,465 current LCU per person in 2025 and was at its lowest, 224.54 current LCU per person, in 1995.
Latvia ranks 145th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), per capita (capita) in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1995 | 224.54 current LCU per person | — |
| 1996 | 335.41 current LCU per person | +49.4% |
| 1997 | 378.97 current LCU per person | +13.0% |
| 1998 | 583.98 current LCU per person | +54.1% |
| 1999 | 584.21 current LCU per person | +0.0% |
| 2000 | 712.87 current LCU per person | +22.0% |
| 2001 | 850.68 current LCU per person | +19.3% |
| 2002 | 855.79 current LCU per person | +0.6% |
| 2003 | 1,014 current LCU per person | +18.5% |
| 2004 | 1,383 current LCU per person | +36.3% |
| 2005 | 1,875 current LCU per person | +35.6% |
| 2006 | 2,594 current LCU per person | +38.4% |
| 2007 | 3,726 current LCU per person | +43.6% |
| 2008 | 3,584 current LCU per person | -3.8% |
| 2009 | 1,978 current LCU per person | -44.8% |
| 2010 | 1,649 current LCU per person | -16.6% |
| 2011 | 2,202 current LCU per person | +33.5% |
| 2012 | 2,802 current LCU per person | +27.3% |
| 2013 | 2,723 current LCU per person | -2.8% |
| 2014 | 2,703 current LCU per person | -0.8% |
| 2015 | 2,678 current LCU per person | -0.9% |
| 2016 | 2,522 current LCU per person | -5.9% |
| 2017 | 2,884 current LCU per person | +14.4% |
| 2018 | 3,346 current LCU per person | +16.0% |
| 2019 | 3,511 current LCU per person | +4.9% |
| 2020 | 3,541 current LCU per person | +0.9% |
| 2021 | 3,928 current LCU per person | +10.9% |
| 2022 | 4,472 current LCU per person | +13.8% |
| 2023 | 5,046 current LCU per person | +12.8% |
| 2024 | 4,846 current LCU per person | -4.0% |
| 2025 | 5,465 current LCU per person | +12.8% |
Latvia compared with similar countries
- Latvia's 5,465 current LCU per person is below the median for high income countries, which is 18,017 current LCU per person, 30% of the median. (64 countries reporting)
- Latvia's 5,465 current LCU per person is below the median for Europe & Central Asia, which is 12,846 current LCU per person, 43% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 421.42 current LCU per person | 224.54 current LCU per person | 584.21 current LCU per person | 5 |
| 2000s | 1,857 current LCU per person | 712.87 current LCU per person | 3,726 current LCU per person | 10 |
| 2010s | 2,702 current LCU per person | 1,649 current LCU per person | 3,511 current LCU per person | 10 |
| 2020s | 4,550 current LCU per person | 3,541 current LCU per person | 5,465 current LCU per person | 6 |
Countries ranked near Latvia
- 142 Turkmenistan 5,880 current LCU per person compare
- 143 Portugal 5,876 current LCU per person compare
- 144 Puerto Rico 5,644 current LCU per person compare
- 146 Cyprus 5,332 current LCU per person compare
- 147 Slovak Republic 5,186 current LCU per person compare
- 148 Bolivia 5,074 current LCU per person compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per capita in Latvia?
- Gross fixed capital formation (current lcu), per capita in Latvia was 5,465 current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per capita recorded in Latvia?
- The highest recorded value was 5,465 current LCU per person in 2025.
- What is the lowest gross fixed capital formation (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 224.54 current LCU per person in 1995.
- How does Latvia rank for gross fixed capital formation (current lcu), per capita?
- Latvia ranks 145th out of 181 countries with data for 2025.
- Is gross fixed capital formation (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 104.0%. 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 fixed capital formation (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ Population, total
Computed from
- Gross fixed 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 fixed capital formation (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.