Gross fixed capital formation, Private sector … unit Domestic in Latvia
Latvia: Gross fixed capital formation, Private sector … unit Domestic was 0 units per US$ of GDP in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Current prices in Latvia, 1995–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Latvia stood at 0 units per US$ of GDP.
Compared with earlier readings it is up 9.2% on the previous year and up 24.5% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Latvia peaked at 0 units per US$ of GDP in 2006 and was at its lowest, 0 units per US$ of GDP, in 1995.
Latvia ranks 153rd of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Gross fixed capital formation, Private sector … unit Domestic in Latvia, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 0 units per US$ of GDP | — |
| 1996 | 0 units per US$ of GDP | +40.4% |
| 1997 | 0 units per US$ of GDP | +10.5% |
| 1998 | 0 units per US$ of GDP | +40.7% |
| 1999 | 0 units per US$ of GDP | -5.8% |
| 2000 | 0 units per US$ of GDP | +13.8% |
| 2001 | 0 units per US$ of GDP | +13.8% |
| 2002 | 0 units per US$ of GDP | -11.5% |
| 2003 | 0 units per US$ of GDP | -10.2% |
| 2004 | 0 units per US$ of GDP | +7.8% |
| 2005 | 0 units per US$ of GDP | +15.1% |
| 2006 | 0 units per US$ of GDP | +5.7% |
| 2007 | 0 units per US$ of GDP | -4.2% |
| 2008 | 0 units per US$ of GDP | -18.3% |
| 2009 | 0 units per US$ of GDP | -33.3% |
| 2010 | 0 units per US$ of GDP | -13.7% |
| 2011 | 0 units per US$ of GDP | +17.4% |
| 2012 | 0 units per US$ of GDP | +26.2% |
| 2013 | 0 units per US$ of GDP | -10.8% |
| 2014 | 0 units per US$ of GDP | -2.0% |
| 2015 | 0 units per US$ of GDP | +12.1% |
| 2016 | 0 units per US$ of GDP | -7.3% |
| 2017 | 0 units per US$ of GDP | -0.4% |
| 2018 | 0 units per US$ of GDP | -1.4% |
| 2019 | 0 units per US$ of GDP | +9.2% |
Latvia compared with similar countries
- Latvia's 0 units per US$ of GDP is below the median for high income countries, which is 0 units per US$ of GDP, 59% of the median. (58 countries reporting)
- Latvia's 0 units per US$ of GDP is below the median for Europe & Central Asia, which is 0 units per US$ of GDP, 55% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 5 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
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, private sector, current prices in Latvia?
- Gross fixed capital formation, private sector, current prices in Latvia was 0 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Latvia?
- The highest recorded value was 0 units per US$ of GDP in 2006.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Latvia?
- The lowest recorded value was 0 units per US$ of GDP in 1995.
- How does Latvia rank for gross fixed capital formation, private sector, current prices?
- Latvia ranks 153rd out of 172 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Latvia?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, 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, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, Private sector, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
- 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, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.