Gross fixed capital formation by NUTS 2 region for total economy and in Latvia
Latvia: Gross fixed capital formation by NUTS 2 region for total economy and was 9,718 in 2023. ▲ Rising
Gross fixed capital formation by NUTS 2 region for total economy and in Latvia, 2000–2023
Source: Eurostat.
Analysis
In 2023, gross fixed capital formation by nuts 2 region for total economy and in Latvia stood at 9,718. That is the highest value across all 24 years on record.
The figure is up 16.9% on the previous year and up 77.0% over ten years.
Over the whole period, gross fixed capital formation by nuts 2 region for total economy and in Latvia peaked at 9,718 in 2023 and was at its lowest, 2,121, in 2000.
That places Latvia 32nd out of 42 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Gross fixed capital formation by NUTS 2 region for total economy and in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2,121 | — |
| 2001 | 2,495 | +17.6% |
| 2002 | 2,391 | -4.1% |
| 2003 | 2,545 | +6.4% |
| 2004 | 3,306 | +29.9% |
| 2005 | 4,237 | +28.2% |
| 2006 | 5,810 | +37.1% |
| 2007 | 8,230 | +41.6% |
| 2008 | 7,805 | -5.2% |
| 2009 | 4,218 | -46.0% |
| 2010 | 3,430 | -18.7% |
| 2011 | 4,513 | +31.6% |
| 2012 | 5,746 | +27.3% |
| 2013 | 5,491 | -4.4% |
| 2014 | 5,389 | -1.9% |
| 2015 | 5,297 | -1.7% |
| 2016 | 4,941 | -6.7% |
| 2017 | 5,601 | +13.3% |
| 2018 | 6,448 | +15.1% |
| 2019 | 6,719 | +4.2% |
| 2020 | 6,730 | +0.2% |
| 2021 | 7,402 | +10.0% |
| 2022 | 8,309 | +12.3% |
| 2023 | 9,718 | +16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,316 | 2,121 | 8,230 | 10 |
| 2010s | 5,357 | 3,430 | 6,719 | 10 |
| 2020s | 8,040 | 6,730 | 9,718 | 4 |
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 nuts 2 region for total economy and in Latvia?
- Gross fixed capital formation by nuts 2 region for total economy and in Latvia was 9,718 in 2023, according to Eurostat.
- What is the highest gross fixed capital formation by nuts 2 region for total economy and recorded in Latvia?
- The highest recorded value was 9,718 in 2023.
- What is the lowest gross fixed capital formation by nuts 2 region for total economy and recorded in Latvia?
- The lowest recorded value was 2,121 in 2000.
- How does Latvia rank for gross fixed capital formation by nuts 2 region for total economy and?
- Latvia ranks 32nd out of 42 countries with data for 2023.
- Is gross fixed capital formation by nuts 2 region for total economy and rising or falling in Latvia?
- Over the last ten years it is up 77.0%. 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 NUTS 2 region for total economy and general government. Statizoid updates them automatically from the source API.
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