Latvia: Gross capital formation
Millions of local currency · 1980–2025 · 46 observations · forecasts to 2031 · inv
- 2025
- 10.4 billionlocal currency
- Change on 2024
- +18.6%year on year
- Average growth, 2015–2025
- +6.1%a year
- In US dollars, 2025
- $11.7 billionUS dollars
Gross capital formation
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Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2031 | 15,488 | Forecast |
| 2030 | 14,741 | Forecast |
| 2029 | 14,037 | Forecast |
| 2028 | 13,335 | Forecast |
| 2027 | 12,613 | Forecast |
| 2026 | 11,845 | Forecast |
| 2025 | 10,350 | |
| 2024 | 8,726 | |
| 2023 | 9,769 | |
| 2022 | 8,903 | |
| 2021 | 8,304 | |
| 2020 | 6,475 | |
| 2019 | 6,900 | |
| 2018 | 6,721 | |
| 2017 | 5,909 | |
| 2016 | 5,330 |
Sources
- WDI (archive)1980–1997
- Penn World Table1990–2019
- United Nations1990–2024
- AMECO (European Commission)1990–2025
- IMF World Economic Outlook1992–2025
- 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
- IMF WEO (forecast)2025–2031
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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