Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices in Latvia

Latvia: Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices was 138.97 USD in 2024. β–² Rising

Latest (2024)
138.97 USD
Change on year
up 2.6%
World rank
30th
of 200 countries
All-time high
138.97 USD
in 2024
All-time low
25.08 USD
in 1991
Years of data
35
1990–2024

Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices in Latvia, 1990–2024

2550751001251501990200720241990: 36.7 USD1991: 25.1 USD1992: 42.7 USD1993: 54.4 USD1994: 60 USD1995: 51.5 USD1996: 54.6 USD1997: 56.8 USD1998: 58.5 USD1999: 57.8 USD2000: 55.9 USD2001: 53.8 USD2002: 55.7 USD2003: 61.9 USD2004: 69.4 USD2005: 73.3 USD2006: 87 USD2007: 110.4 USD2008: 127.2 USD2009: 109.5 USD2010: 104.1 USD2011: 114.2 USD2012: 109.7 USD2013: 115.7 USD2014: 118.1 USD2015: 100 USD2016: 99.3 USD2017: 103.6 USD2018: 111.7 USD2019: 108.9 USD2020: 114.1 USD2021: 121.7 USD2022: 124.1 USD2023: 135.5 USD2024: 139 USD

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

The most recent figure for gross fixed capital formation deflator β€” value us$, 2015 prices in Latvia is 138.97 USD, measured in 2024. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 2.6% on the previous year and up 17.7% over ten years.

Over the whole period, gross fixed capital formation deflator β€” value us$, 2015 prices in Latvia peaked at 138.97 USD in 2024 and was at its lowest, 25.08 USD, in 1991.

That places Latvia 30th out of 200 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 49.81 USD 25.08 USD 59.98 USD 10
2000s 80.42 USD 53.85 USD 127.19 USD 10
2010s 108.52 USD 99.29 USD 118.11 USD 10
2020s 126.86 USD 114.12 USD 138.97 USD 5

Countries ranked near Latvia

  1. 27 Trinidad and Tobago 141.12 USD compare
  2. 28 Mexico 139.74 USD compare
  3. 29 Cook Islands 102.75 USD compare
  4. 29 Georgia 139.07 USD compare
  5. 31 Croatia 138.16 USD compare
  6. 31 Montserrat 94.26 USD compare
  7. 32 Lithuania 137.55 USD compare
  8. 33 Eritrea 137.5 USD compare

See the full ranking of 245 places β†’

More economy & growth data for Latvia

All data for Latvia β†’

Frequently asked questions

What is gross fixed capital formation deflator β€” value us$, 2015 prices in Latvia?
Gross fixed capital formation deflator β€” value us$, 2015 prices in Latvia was 138.97 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator β€” value us$, 2015 prices recorded in Latvia?
The highest recorded value was 138.97 USD in 2024.
What is the lowest gross fixed capital formation deflator β€” value us$, 2015 prices recorded in Latvia?
The lowest recorded value was 25.08 USD in 1991.
How does Latvia rank for gross fixed capital formation deflator β€” value us$, 2015 prices?
Latvia ranks 30th out of 200 countries with data for 2024.
Is gross fixed capital formation deflator β€” value us$, 2015 prices rising or falling in Latvia?
Over the last ten years it is up 17.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices/latvia/

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About this data

Indicator
Gross Fixed Capital Formation Deflator β€” Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 12,527 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).