Kuwait vs Latvia: Gross fixed capital formation

Kuwait

8.26 billion current LCU

in 2024

Latvia

10.10 billion current LCU

in 2025

Kuwait rank

152nd

Latvia rank

149th

Gross fixed capital formation over time

Kuwait
Latvia

How they compare

Latvia currently reports 10.10 billion current LCU against 8.26 billion current LCU in Kuwait, a difference of 1.83 billion current LCU.

That makes Latvia's figure about 1.2 times Kuwait's.

The two have swapped places 3 times across 15 shared years of data; in 2010 it was Kuwait ahead.

Globally, Kuwait ranks 152nd and Latvia ranks 149th of 180 countries.

Individual pages

About this data

Indicator: Gross fixed 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: 180 places, 8,131 data points, 1960–2025
Last refreshed: 06 August 2026

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.