Latvia vs Lesotho: Gross fixed capital formation
Gross fixed capital formation over time
- Latvia
- Lesotho
How they compare
Lesotho currently reports 9.02 billion constant LCU against 7.72 billion constant LCU in Latvia, a difference of 1.29 billion constant LCU.
That makes Lesotho's figure about 1.2 times Latvia's.
The two have swapped places 6 times across 31 shared years of data; in 1995 it was Lesotho ahead.
Globally, Latvia ranks 138th and Lesotho ranks 135th of 167 countries.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 varies by country. This series is expressed in local currency units.