Iceland vs Latvia: Quarterly GFCF by asset — Gross fixed capital formation
Quarterly GFCF by asset — Gross fixed capital formation over time
- Iceland
- Latvia
How they compare
Iceland currently reports 174,105 National currency against 732.8 National currency in Latvia, a difference of 173,372 National currency.
That makes Iceland's figure about 237.6 times Latvia's.
Across all 31 years both countries report, Iceland has been ahead every year.
Iceland ranks 9th and Latvia ranks 9th of 26 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 76,082 National currency | 582 National currency | 75,500 National currency | Iceland |
| 2000s | 122,566 National currency | 1,034 National currency | 121,532 National currency | Iceland |
| 2010s | 89,315 National currency | 681.08 National currency | 88,634 National currency | Iceland |
| 2020s | 168,686 National currency | 782.13 National currency | 167,903 National currency | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher quarterly gfcf by asset — gross fixed capital formation, Iceland or Latvia?
- Iceland, at 174,105 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 Iceland and Latvia?
- 173,372 National currency, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Latvia rank globally for quarterly gfcf by asset — gross fixed capital formation?
- Iceland ranks 9th 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.
Individual pages
About this data
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