Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Latvia

Latvia: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 2.57 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.57 % change on previous year
Change on year
down 72.0%
World rank
91st
of 221 countries
All-time high
70.24 % change on previous year
in 1992
All-time low
-31.64 % change on previous year
in 1991
Years of data
34
1991–2024

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Latvia, 1991–2024

-2502550751991200720241991: -31.6 % change on previous year1992: 70.2 % change on previous year1993: 27.4 % change on previous year1994: 10.3 % change on previous year1995: -14.2 % change on previous year1996: 6.1 % change on previous year1997: 4 % change on previous year1998: 2.9 % change on previous year1999: -1.1 % change on previous year2000: -3.3 % change on previous year2001: -3.7 % change on previous year2002: 3.5 % change on previous year2003: 11 % change on previous year2004: 12.1 % change on previous year2005: 5.7 % change on previous year2006: 18.7 % change on previous year2007: 26.9 % change on previous year2008: 15.2 % change on previous year2009: -13.9 % change on previous year2010: -4.9 % change on previous year2011: 9.7 % change on previous year2012: -4 % change on previous year2013: 5.4 % change on previous year2014: 2.1 % change on previous year2015: -15.3 % change on previous year2016: -0.712 % change on previous year2017: 4.3 % change on previous year2018: 7.9 % change on previous year2019: -2.5 % change on previous year2020: 4.8 % change on previous year2021: 6.6 % change on previous year2022: 2 % change on previous year2023: 9.2 % change on previous year2024: 2.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Latvia is 2.57 % change on previous year, measured in 2024.

The figure is down 72.0% on the previous year and up 22.5% over ten years.

Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Latvia peaked at 70.24 % change on previous year in 1992 and was at its lowest, -31.64 % change on previous year, in 1991.

Latvia ranks 91st of 221 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Latvia, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value US$, 2015 prices, annual growth rate in Latvia, 1991 to 2024.
Year % change on previous year Change
1991 -31.64 % change on previous year
1992 70.24 % change on previous year -322.0%
1993 27.37 % change on previous year -61.0%
1994 10.29 % change on previous year -62.4%
1995 -14.17 % change on previous year -237.6%
1996 6.09 % change on previous year -143.0%
1997 4.01 % change on previous year -34.1%
1998 2.93 % change on previous year -27.0%
1999 -1.1 % change on previous year -137.5%
2000 -3.32 % change on previous year +202.2%
2001 -3.69 % change on previous year +11.3%
2002 3.53 % change on previous year -195.4%
2003 11.04 % change on previous year +213.2%
2004 12.1 % change on previous year +9.6%
2005 5.66 % change on previous year -53.2%
2006 18.66 % change on previous year +229.7%
2007 26.85 % change on previous year +43.9%
2008 15.24 % change on previous year -43.3%
2009 -13.9 % change on previous year -191.2%
2010 -4.94 % change on previous year -64.5%
2011 9.72 % change on previous year -296.7%
2012 -3.96 % change on previous year -140.7%
2013 5.45 % change on previous year -237.7%
2014 2.1 % change on previous year -61.5%
2015 -15.33 % change on previous year -830.3%
2016 -0.7122 % change on previous year -95.4%
2017 4.3 % change on previous year -704.4%
2018 7.87 % change on previous year +82.9%
2019 -2.54 % change on previous year -132.2%
2020 4.81 % change on previous year -289.6%
2021 6.61 % change on previous year +37.5%
2022 1.99 % change on previous year -69.9%
2023 9.19 % change on previous year +361.2%
2024 2.57 % change on previous year -72.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.23 % change on previous year -31.64 % change on previous year 70.24 % change on previous year 9
2000s 7.22 % change on previous year -13.9 % change on previous year 26.85 % change on previous year 10
2010s 0.1966 % change on previous year -15.33 % change on previous year 9.72 % change on previous year 10
2020s 5.03 % change on previous year 1.99 % change on previous year 9.19 % change on previous year 5

Countries ranked near Latvia

  1. 88 Belarus 2.6 % change on previous year compare
  2. 89 Liechtenstein 2.58 % change on previous year compare
  3. 90 Mongolia 2.58 % change on previous year compare
  4. 92 Switzerland 2.57 % change on previous year compare
  5. 93 Bahrain 2.56 % change on previous year compare
  6. 94 United Arab Emirates 2.53 % change on previous year compare

See the full ranking of 245 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross fixed capital formation deflator — value us$, 2015 prices in Latvia?
Gross fixed capital formation deflator — value us$, 2015 prices in Latvia was 2.57 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Latvia?
The highest recorded value was 70.24 % change on previous year in 1992.
What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Latvia?
The lowest recorded value was -31.64 % change on previous year in 1991.
How does Latvia rank for gross fixed capital formation deflator — value us$, 2015 prices?
Latvia ranks 91st out of 221 countries with data for 2024.
Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Latvia?
Over the last ten years it is up 22.5%. 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 Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices-annual-growth-rate/latvia/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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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

Indicator
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 12,282 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.