🇱🇻 Latvia Gross capital formation
Latvia Gross capital formation was $8.62B in 2024, down 5.3% from 2023, according to World Bank data. The 10-year average is $8.03B. Historical data available from 1995 to 2024 (30 data points). The all-time high was $11.54B in 2007.
Source: World Bank World Development Indicators • 1995–2024 • 30 data points • Economy & Growth
Latest Value
$8.62B
2024
Year-on-Year
-5.3%
vs 2023
10-Year Average
$8.03B
2015–2024
Range
High: $11.54B (2007)
Low: $1.60B (1995)
Latvia Gross capital formation (constant 2015 US$) — 1995 to 2024
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About this Indicator
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $8.62B |
| 2023 | $9.10B |
| 2022 | $8.96B |
| 2021 | $9.59B |
| 2020 | $7.74B |
| 2019 | $8.47B |
| 2018 | $8.01B |
| 2017 | $7.05B |
| 2016 | $6.37B |
| 2015 | $6.36B |
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<iframe src="https://nationstat.com/country/latvia/gross-capital-formation-constant-2015-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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🇹🇿Tanzania
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🇺🇦Ukraine
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🇺🇾Uruguay
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🇺🇿Uzbekistan
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🇻🇪Venezuela, RB
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🇻🇳Viet Nam
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🇻🇺Vanuatu
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🇾🇪Yemen, Rep.
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🇿🇲Zambia
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