Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Latvia
Latvia: Gross fixed capital formation (current LCU), per unit of GDP (LCU) was 0.2077 current LCU per US$ of GDP in 2025. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (current lcu), per unit of gdp in Latvia is 0.2077 current LCU per US$ of GDP, measured in 2025.
The figure is up 1.1% on the previous year and up 3.3% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Latvia peaked at 0.2817 current LCU per US$ of GDP in 2006 and was at its lowest, 0.0995 current LCU per US$ of GDP, in 1995.
That places Latvia 153rd out of 181 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0995 current LCU per US$ of GDP | — |
| 1996 | 0.1421 current LCU per US$ of GDP | +42.8% |
| 1997 | 0.1452 current LCU per US$ of GDP | +2.2% |
| 1998 | 0.2018 current LCU per US$ of GDP | +39.0% |
| 1999 | 0.1907 current LCU per US$ of GDP | -5.5% |
| 2000 | 0.2175 current LCU per US$ of GDP | +14.0% |
| 2001 | 0.2427 current LCU per US$ of GDP | +11.6% |
| 2002 | 0.2138 current LCU per US$ of GDP | -11.9% |
| 2003 | 0.2063 current LCU per US$ of GDP | -3.5% |
| 2004 | 0.2263 current LCU per US$ of GDP | +9.7% |
| 2005 | 0.2574 current LCU per US$ of GDP | +13.7% |
| 2006 | 0.2817 current LCU per US$ of GDP | +9.4% |
| 2007 | 0.2786 current LCU per US$ of GDP | -1.1% |
| 2008 | 0.2286 current LCU per US$ of GDP | -18.0% |
| 2009 | 0.1649 current LCU per US$ of GDP | -27.9% |
| 2010 | 0.1474 current LCU per US$ of GDP | -10.6% |
| 2011 | 0.1707 current LCU per US$ of GDP | +15.8% |
| 2012 | 0.2102 current LCU per US$ of GDP | +23.2% |
| 2013 | 0.188 current LCU per US$ of GDP | -10.6% |
| 2014 | 0.178 current LCU per US$ of GDP | -5.3% |
| 2015 | 0.2011 current LCU per US$ of GDP | +13.0% |
| 2016 | 0.1822 current LCU per US$ of GDP | -9.4% |
| 2017 | 0.1906 current LCU per US$ of GDP | +4.6% |
| 2018 | 0.1939 current LCU per US$ of GDP | +1.8% |
| 2019 | 0.203 current LCU per US$ of GDP | +4.7% |
| 2020 | 0.2016 current LCU per US$ of GDP | -0.7% |
| 2021 | 0.1939 current LCU per US$ of GDP | -3.9% |
| 2022 | 0.2211 current LCU per US$ of GDP | +14.1% |
| 2023 | 0.2222 current LCU per US$ of GDP | +0.5% |
| 2024 | 0.2055 current LCU per US$ of GDP | -7.5% |
| 2025 | 0.2077 current LCU per US$ of GDP | +1.1% |
Latvia compared with similar countries
- Latvia's 0.2077 current LCU per US$ of GDP is below the median for high income countries, which is 0.3014 current LCU per US$ of GDP, 69% of the median. (64 countries reporting)
- Latvia's 0.2077 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.2924 current LCU per US$ of GDP, 71% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1559 current LCU per US$ of GDP | 0.0995 current LCU per US$ of GDP | 0.2018 current LCU per US$ of GDP | 5 |
| 2000s | 0.2318 current LCU per US$ of GDP | 0.1649 current LCU per US$ of GDP | 0.2817 current LCU per US$ of GDP | 10 |
| 2010s | 0.1865 current LCU per US$ of GDP | 0.1474 current LCU per US$ of GDP | 0.2102 current LCU per US$ of GDP | 10 |
| 2020s | 0.2087 current LCU per US$ of GDP | 0.1939 current LCU per US$ of GDP | 0.2222 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 150 United States 0.2135 current LCU per US$ of GDP compare
- 151 Belgium 0.2115 current LCU per US$ of GDP compare
- 152 Austria 0.2082 current LCU per US$ of GDP compare
- 154 South Sudan 0.2073 current LCU per US$ of GDP compare
- 155 Lithuania 0.203 current LCU per US$ of GDP compare
- 156 Ecuador 0.1994 current LCU per US$ of GDP compare
More economy & growth data for Latvia
- 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)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Latvia?
- Gross fixed capital formation (current lcu), per unit of gdp in Latvia was 0.2077 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.2817 current LCU per US$ of GDP in 2006.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0995 current LCU per US$ of GDP in 1995.
- How does Latvia rank for gross fixed capital formation (current lcu), per unit of gdp?
- Latvia ranks 153rd out of 181 countries with data for 2025.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 3.3%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.