Statizoid

Latvia vs Luxembourg: Gross fixed capital formation

Latvia
10.10 billion current LCU
in 2025
Luxembourg
13.41 billion current LCU
in 2025
Latvia rank
149th
Luxembourg rank
146th

Gross fixed capital formation over time

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

How they compare

Luxembourg currently reports 13.41 billion current LCU against 10.10 billion current LCU in Latvia, a difference of 3.31 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 149th and Luxembourg ranks 146th 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

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.