Latvia vs Luxembourg: Gross capital formation

Latvia
10.35 billion current LCU
in 2025
Luxembourg
13.88 billion current LCU
in 2025
Latvia rank
150th
Luxembourg rank
147th

Gross capital formation over time

  • Latvia
  • Luxembourg
05.0B10.0B15.0B197019972025

How they compare

Luxembourg currently reports 13.88 billion current LCU against 10.35 billion current LCU in Latvia, a difference of 3.53 billion current LCU.

That makes Luxembourg's figure about 1.3 times Latvia's.

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

Globally, Latvia ranks 150th and Luxembourg ranks 147th of 186 countries.

Individual pages

About this data

Indicator
Gross capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,699 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.