Gross fixed capital formation (current US$), per capita (capita) in Latvia
Latvia: Gross fixed capital formation (current US$), per capita (capita) was 6,175 current US$ per person in 2025. ◆ Volatile
Gross fixed capital formation (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Latvia recorded 6,175 current US$ per person for gross fixed capital formation (current us$), per capita in 2025. That is the highest value across all 31 years on record.
The figure is up 17.7% on the previous year and up 107.8% over ten years.
Over the whole period, gross fixed capital formation (current us$), per capita in Latvia peaked at 6,175 current US$ per person in 2025 and was at its lowest, 320.22 current US$ per person, in 1995.
That places Latvia 45th out of 181 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), per capita (capita) in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 320.22 current US$ per person | — |
| 1996 | 428.03 current US$ per person | +33.7% |
| 1997 | 458.47 current US$ per person | +7.1% |
| 1998 | 695.8 current US$ per person | +51.8% |
| 1999 | 701.67 current US$ per person | +0.8% |
| 2000 | 826.04 current US$ per person | +17.7% |
| 2001 | 952.19 current US$ per person | +15.3% |
| 2002 | 972.93 current US$ per person | +2.2% |
| 2003 | 1,247 current US$ per person | +28.2% |
| 2004 | 1,799 current US$ per person | +44.2% |
| 2005 | 2,333 current US$ per person | +29.7% |
| 2006 | 3,254 current US$ per person | +39.5% |
| 2007 | 5,096 current US$ per person | +56.6% |
| 2008 | 5,239 current US$ per person | +2.8% |
| 2009 | 2,749 current US$ per person | -47.5% |
| 2010 | 2,184 current US$ per person | -20.6% |
| 2011 | 3,061 current US$ per person | +40.2% |
| 2012 | 3,600 current US$ per person | +17.6% |
| 2013 | 3,616 current US$ per person | +0.4% |
| 2014 | 3,591 current US$ per person | -0.7% |
| 2015 | 2,972 current US$ per person | -17.2% |
| 2016 | 2,791 current US$ per person | -6.1% |
| 2017 | 3,258 current US$ per person | +16.7% |
| 2018 | 3,951 current US$ per person | +21.3% |
| 2019 | 3,930 current US$ per person | -0.5% |
| 2020 | 4,045 current US$ per person | +2.9% |
| 2021 | 4,646 current US$ per person | +14.9% |
| 2022 | 4,709 current US$ per person | +1.4% |
| 2023 | 5,456 current US$ per person | +15.9% |
| 2024 | 5,245 current US$ per person | -3.9% |
| 2025 | 6,175 current US$ per person | +17.7% |
Latvia compared with similar countries
- Latvia's 6,175 current US$ per person is below the median for high income countries, which is 8,868 current US$ per person, 70% of the median. (64 countries reporting)
- Latvia's 6,175 current US$ per person is above the median for Europe & Central Asia, which is 6,025 current US$ per person, 1.0× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 520.84 current US$ per person | 320.22 current US$ per person | 701.67 current US$ per person | 5 |
| 2000s | 2,447 current US$ per person | 826.04 current US$ per person | 5,239 current US$ per person | 10 |
| 2010s | 3,295 current US$ per person | 2,184 current US$ per person | 3,951 current US$ per person | 10 |
| 2020s | 5,046 current US$ per person | 4,045 current US$ per person | 6,175 current US$ per person | 6 |
Countries ranked near Latvia
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 us$), per capita in Latvia?
- Gross fixed capital formation (current us$), per capita in Latvia was 6,175 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per capita recorded in Latvia?
- The highest recorded value was 6,175 current US$ per person in 2025.
- What is the lowest gross fixed capital formation (current us$), per capita recorded in Latvia?
- The lowest recorded value was 320.22 current US$ per person in 1995.
- How does Latvia rank for gross fixed capital formation (current us$), per capita?
- Latvia ranks 45th out of 181 countries with data for 2025.
- Is gross fixed capital formation (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 107.8%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (current US$) 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 US$) ÷ Population, total
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.