Gross fixed capital formation by main asset type - annual data in Latvia
Latvia: Gross fixed capital formation by main asset type - annual data was 114.78 in 2025. ▲ Rising
Latest (2025)
114.78
Change on year
up 9.8%
World rank
33rd
of 51 countries
All-time high
150.69
in 2007
All-time low
21.42
in 1995
Years of data
31
1995–2025
Gross fixed capital formation by main asset type - annual data in Latvia, 1995–2025
Source: Eurostat.
Analysis
Latvia recorded 114.78 for gross fixed capital formation by main asset type - annual data in 2025.
The figure is up 9.8% on the previous year and up 31.6% over ten years.
Over the whole period, gross fixed capital formation by main asset type - annual data in Latvia peaked at 150.69 in 2007 and was at its lowest, 21.42, in 1995.
Latvia ranks 33rd of 51 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross fixed capital formation by main asset type - annual data in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 21.42 | — |
| 1996 | 28.57 | +33.3% |
| 1997 | 29.12 | +1.9% |
| 1998 | 42.54 | +46.1% |
| 1999 | 43.01 | +1.1% |
| 2000 | 51.86 | +20.6% |
| 2001 | 61.27 | +18.1% |
| 2002 | 59.79 | -2.4% |
| 2003 | 68.35 | +14.3% |
| 2004 | 87 | +27.3% |
| 2005 | 105.64 | +21.4% |
| 2006 | 123.04 | +16.5% |
| 2007 | 150.69 | +22.5% |
| 2008 | 133.01 | -11.7% |
| 2009 | 79.75 | -40.0% |
| 2010 | 65.3 | -18.1% |
| 2011 | 82.62 | +26.5% |
| 2012 | 99.12 | +20.0% |
| 2013 | 93.38 | -5.8% |
| 2014 | 89.93 | -3.7% |
| 2015 | 87.23 | -3.0% |
| 2016 | 81.72 | -6.3% |
| 2017 | 90.68 | +11.0% |
| 2018 | 101.14 | +11.5% |
| 2019 | 102.5 | +1.3% |
| 2020 | 100 | -2.4% |
| 2021 | 106.76 | +6.8% |
| 2022 | 107.13 | +0.3% |
| 2023 | 112.44 | +5.0% |
| 2024 | 104.55 | -7.0% |
| 2025 | 114.78 | +9.8% |
Latvia compared with similar countries
- Latvia's 114.78 is below the median for Europe & Central Asia, which is 119, 96% of the median. (36 countries reporting)
- Latvia's 114.78 is below the median for high income countries, which is 116.34, 99% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.93 | 21.42 | 43.01 | 5 |
| 2000s | 92.04 | 51.86 | 150.69 | 10 |
| 2010s | 89.36 | 65.3 | 102.5 | 10 |
| 2020s | 107.61 | 100 | 114.78 | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is gross fixed capital formation by main asset type - annual data in Latvia?
- Gross fixed capital formation by main asset type - annual data in Latvia was 114.78 in 2025, according to Eurostat.
- What is the highest gross fixed capital formation by main asset type - annual data recorded in Latvia?
- The highest recorded value was 150.69 in 2007.
- What is the lowest gross fixed capital formation by main asset type - annual data recorded in Latvia?
- The lowest recorded value was 21.42 in 1995.
- How does Latvia rank for gross fixed capital formation by main asset type - annual data?
- Latvia ranks 33rd out of 51 countries with data for 2025.
- Is gross fixed capital formation by main asset type - annual data rising or falling in Latvia?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Gross fixed capital formation by main asset type - annual data. Statizoid updates them automatically from the source API.
Download this data
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