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

Latvia
732.8 National currency
in 2025
Norway
192,609 National currency
in 2025
Latvia rank
9th
Norway rank
7th

Quarterly GFCF by asset — Gross fixed capital formation over time

  • Latvia
  • Norway
0100.0k200.0k300.0k197820012025

How they compare

Norway currently reports 192,609 National currency against 732.8 National currency in Latvia, a difference of 191,876 National currency.

That makes Norway's figure about 262.8 times Latvia's.

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

Latvia ranks 9th and Norway ranks 7th of 9 regions.

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

Head to head by decade

Decade Latvia Norway Difference Ahead
1990s 582 National currency 113,809 National currency 113,227 National currency Norway
2000s 1,034 National currency 167,932 National currency 166,898 National currency Norway
2010s 681.08 National currency 224,754 National currency 224,073 National currency Norway
2020s 782.13 National currency 226,396 National currency 225,614 National currency Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher quarterly gfcf by asset — gross fixed capital formation, Latvia or Norway?
Norway, at 192,609 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 Latvia and Norway?
191,876 National currency, with Norway ahead.
How many years of comparable data are there for Latvia and Norway?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Norway rank globally for quarterly gfcf by asset — gross fixed capital formation?
Latvia ranks 9th and Norway ranks 7th of 9 regions.
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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Latvia vs Norway: 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/latvia-2/norway/

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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