China vs Latvia: NAAG Chapter 3B: Gross fixed capital formation by asset type

China
39.87 Percentage of GDP
in 2024
Latvia
23.47 Percentage of GDP
in 2025
China rank
1st
Latvia rank
3rd

NAAG Chapter 3B: Gross fixed capital formation by asset type over time

  • China
  • Latvia
10203040197019972025

How they compare

China currently reports 39.87 Percentage of GDP against 23.47 Percentage of GDP in Latvia, a difference of 16.4 Percentage of GDP.

That makes China's figure about 1.7 times Latvia's.

The two have swapped places 2 times across 30 shared years of data; in 1995 it was China ahead.

China ranks 1st and Latvia ranks 3rd of 36 countries.

China has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade China Latvia Difference Ahead
1990s 32.31 Percentage of GDP 19.37 Percentage of GDP 12.94 Percentage of GDP China
2000s 37.62 Percentage of GDP 29.33 Percentage of GDP 8.29 Percentage of GDP China
2010s 42.71 Percentage of GDP 22.85 Percentage of GDP 19.86 Percentage of GDP China
2020s 40.95 Percentage of GDP 23.1 Percentage of GDP 17.85 Percentage of GDP China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 3b: gross fixed capital formation by asset type, China or Latvia?
China, at 39.87 Percentage of GDP against 23.47 Percentage of GDP in Latvia as of 2024.
What is the difference in naag chapter 3b: gross fixed capital formation by asset type between China and Latvia?
16.4 Percentage of GDP, with China ahead.
How many years of comparable data are there for China and Latvia?
30 years are reported by both, from 1995 to 2024.
How do China and Latvia rank globally for naag chapter 3b: gross fixed capital formation by asset type?
China ranks 1st and Latvia ranks 3rd of 36 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs Latvia: NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/naag-chapter-3b-gross-fixed-capital-formation-by-asset-type/china/latvia-2/

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About this data

Indicator
NAAG Chapter 3B: Gross fixed capital formation by asset type
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,254 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.