Statizoid

Latvia vs Luxembourg: Gross capital formation

Latvia
10.20 billion constant 2015 US$
in 2025
Luxembourg
10.51 billion constant 2015 US$
in 2025
Latvia rank
84th
Luxembourg rank
83rd

Gross capital formation over time

  • Latvia
  • Luxembourg
2.5B5.0B7.5B10.0B12.5B197019972025

How they compare

Luxembourg currently reports 10.51 billion constant 2015 US$ against 10.20 billion constant 2015 US$ in Latvia, a difference of 314.90 million constant 2015 US$.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Luxembourg ahead.

Globally, Latvia ranks 84th and Luxembourg ranks 83rd of 162 countries.

Individual pages

About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

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.