Australia vs Latvia: Quarterly GFCF by asset — Gross fixed capital formation

Australia
145,783 National currency
in 2025
Latvia
732.8 National currency
in 2025
Australia rank
11th
Latvia rank
9th

Quarterly GFCF by asset — Gross fixed capital formation over time

  • Australia
  • Latvia
050.0k100.0k150.0k196019922025

How they compare

Australia currently reports 145,783 National currency against 732.8 National currency in Latvia, a difference of 145,050 National currency.

That makes Australia's figure about 198.9 times Latvia's.

Across all 31 years both countries report, Australia has been ahead every year.

Australia ranks 11th and Latvia ranks 9th of 26 countries.

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

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 84,026 National currency 582 National currency 83,444 National currency Australia
2000s 112,059 National currency 1,034 National currency 111,026 National currency Australia
2010s 127,441 National currency 681.08 National currency 126,760 National currency Australia
2020s 137,852 National currency 782.13 National currency 137,070 National currency Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher quarterly gfcf by asset — gross fixed capital formation, Australia or Latvia?
Australia, at 145,783 National currency against 732.8 National currency in Latvia as of 2025.
What is the difference in quarterly gfcf by asset — gross fixed capital formation between Australia and Latvia?
145,050 National currency, with Australia ahead.
How many years of comparable data are there for Australia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Australia and Latvia rank globally for quarterly gfcf by asset — gross fixed capital formation?
Australia ranks 11th and Latvia ranks 9th of 26 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Quarterly GFCF by asset — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Quarterly GFCF by asset — Gross fixed capital formation. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/quarterly-gfcf-by-asset-gross-fixed-capital-formation/australia/latvia-2/

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About this data

Indicator
Quarterly GFCF by asset — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,270 data points, 1960–2025
Last refreshed

This table presents Gross Fixed Capital Formation (GFCF, or investment) by asset. The asset breakdown covers items such as buildings, machinery and equipment, cultivated biological resources and intellectual property products. Data is presented for each country in national currency as well as in euros for the European Union (27 countries) and the euro area (21 countries). In this table, the presentation of GFCF and its breakdown is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. These indicators were presented in the previous dissemination system in the QNA dataset. See User Guide on Quarterly National Accounts (QNA) in OECD Data Explorer: QNA User guide See QNA Calendar for information on advance release dates: QNA Calendar See QNA Changes for information on changes in methodology: QNA Changes See QNA TIPS for a better use of QNA data: QNA TIPS Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org