Gross fixed capital formation by NUTS 2 region for total economy and in Latvija
Latvija: 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 Latvija, 2000–2023
Source: Eurostat.
Analysis
In 2023, gross fixed capital formation by nuts 2 region for total economy and in Latvija stood at 9,718. That is the highest value across all 24 years on record.
That represents a change of 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 Latvija peaked at 9,718 in 2023 and was at its lowest, 2,121, in 2000.
That places Latvija 187th out of 322 regions with data for 2023, putting it in the middle of the range.
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 Latvija, 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 |
More reference data data for Latvija
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- Victims in road accidents by NUTS 2 region 112 Number (2024)
- Stock of vehicles by category and NUTS 2 region 900,906 Number (2024)
- Physicians by NUTS 2 region 6,253 Number (2019)
- Deaths (total) by NUTS 3 region 26,661 Number (2024)
- Establishments, bedrooms and bed-places in tourist accommodation, by 1,345 Number (2025)
- Deaths by age, sex and NUTS 2 region 26,661 Number (2024)
- Life table by age, sex and NUTS 2 region 0.0014 (2024)
- Arrivals at tourist accommodation establishments by NUTS 2 region 2.70 million Number (2024)
Frequently asked questions
- What is gross fixed capital formation by nuts 2 region for total economy and in Latvija?
- Gross fixed capital formation by nuts 2 region for total economy and in Latvija 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 Latvija?
- 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 Latvija?
- The lowest recorded value was 2,121 in 2000.
- How does Latvija rank for gross fixed capital formation by nuts 2 region for total economy and?
- Latvija ranks 187th out of 322 regions with data for 2023.
- Is gross fixed capital formation by nuts 2 region for total economy and rising or falling in Latvija?
- Over the last ten years it is up 77.0%. The long-run trend across the full record is rising.
- Where does this Latvija 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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