Quarterly GFCF by asset — Gross fixed capital formation in Latvia

Latvia: Quarterly GFCF by asset — Gross fixed capital formation was 732.8 National currency in 2025. ▲ Rising

Latest (2025)
732.8 National currency
Change on year
up 2.0%
Rank
9th
of 9 regions
All-time high
2,184 National currency
in 2007
All-time low
463.6 National currency
in 2010
Years of data
31
1995–2025

Quarterly GFCF by asset — Gross fixed capital formation in Latvia, 1995–2025

5001.0k1.5k2.0k1995201020251995: 558.5 National currency1996: 749.9 National currency1997: 469.6 National currency1998: 563.3 National currency1999: 568.7 National currency2000: 639.4 National currency2001: 595.6 National currency2002: 541 National currency2003: 542.6 National currency2004: 788 National currency2005: 985.1 National currency2006: 1.5k National currency2007: 2.2k National currency2008: 1.9k National currency2009: 646 National currency2010: 463.6 National currency2011: 561.6 National currency2012: 714.2 National currency2013: 661 National currency2014: 745.8 National currency2015: 761.2 National currency2016: 628.4 National currency2017: 642.8 National currency2018: 814.4 National currency2019: 817.8 National currency2020: 773 National currency2021: 881.4 National currency2022: 798.1 National currency2023: 788.9 National currency2024: 718.6 National currency2025: 732.8 National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

In 2025, quarterly gfcf by asset — gross fixed capital formation in Latvia stood at 732.8 National currency.

Compared with earlier readings it is up 2.0% on the previous year and down 3.7% over ten years.

Over the whole period, quarterly gfcf by asset — gross fixed capital formation in Latvia peaked at 2,184 National currency in 2007 and was at its lowest, 463.6 National currency, in 2010.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 582 National currency 469.6 National currency 749.9 National currency 5
2000s 1,034 National currency 541 National currency 2,184 National currency 10
2010s 681.08 National currency 463.6 National currency 817.8 National currency 10
2020s 782.13 National currency 718.6 National currency 881.4 National currency 6

Countries ranked near Latvia

  1. 6 Sweden 205,671 National currency compare
  2. 7 Norway 192,609 National currency compare
  3. 8 Germany 189,786 National currency compare
  4. 9 Iceland 174,105 National currency compare
  5. 10 France 152,174 National currency compare
  6. 11 Australia 145,783 National currency compare
  7. 12 United Kingdom of Great Britain and Northern Ireland 110,334 National currency compare

See the full ranking of 38 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is quarterly gfcf by asset — gross fixed capital formation in Latvia?
Quarterly gfcf by asset — gross fixed capital formation in Latvia was 732.8 National currency in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest quarterly gfcf by asset — gross fixed capital formation recorded in Latvia?
The highest recorded value was 2,184 National currency in 2007.
What is the lowest quarterly gfcf by asset — gross fixed capital formation recorded in Latvia?
The lowest recorded value was 463.6 National currency in 2010.
How does Latvia rank for quarterly gfcf by asset — gross fixed capital formation?
Latvia ranks 9th out of 9 regions with data for 2025.
Is quarterly gfcf by asset — gross fixed capital formation rising or falling in Latvia?
Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Quarterly GFCF by asset — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Quarterly GFCF by asset — Gross fixed capital formation in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/quarterly-gfcf-by-asset-gross-fixed-capital-formation/latvia-2/

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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