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Latvia: Gross fixed capital formation

Millions of local currency · 1980–2025 · 46 observations · forecasts to 2027 · finv

2025
10.5 billionlocal currency
Change on 2024
+11.7%year on year
Average growth, 2015–2025
+7.0%a year
In US dollars, 2025
$11.8 billionUS dollars

Gross fixed capital formation

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10M100M1B10B100B19801990200020102020LatviaLatvia
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
202711,507Forecast
202610,953Forecast
202510,454
20249,362
20239,718
20228,309
20217,402
20206,730
20196,719
20186,448
20175,601
20164,941

Sources

  • WDI (archive)1980–1997
  • FAO1990–2023
  • United Nations1990–2024
  • AMECO (European Commission)1990–2025
  • Eurostat1995–2025
  • IMF International Financial Statistics1995–2025
  • OECD Economic Outlook1995–2025
  • World Development Indicators1995–2025
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Latvia documentation (PDF)

More for Latvia

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 73 series →

Gross fixed capital formation elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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