Gross Fixed Capital: Value US$, 2015 prices, annual … US annual in Latvia
Latvia: Gross Fixed Capital: Value US$, 2015 prices, annual … US annual was 2.57 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Latvia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 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$, 2015 prices in Latvia peaked at 70.24 % change on previous year in 1992 and was at its lowest, -31.64 % change on previous year, in 1991.
Latvia ranks 91st of 221 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital: Value US$, 2015 prices, annual … US annual in Latvia, year by year
| 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% |
Latvia compared with similar countries
- Latvia's 2.57 % change on previous year is above the median for high income countries, which is 2.23 % change on previous year, 1.2× the median. (68 countries reporting)
- Latvia's 2.57 % change on previous year is above the median for Europe & Central Asia, which is 2.52 % change on previous year, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 88 Belarus 2.6 % change on previous year compare
- 89 Liechtenstein 2.58 % change on previous year compare
- 90 Mongolia 2.58 % change on previous year compare
- 92 Switzerland 2.57 % change on previous year compare
- 93 Bahrain 2.56 % change on previous year compare
- 94 United Arab Emirates 2.53 % change on previous year 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 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$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.