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Latvia: Gross capital formation (% of GDP)

Percent of GDP · 1980–2025 · 46 observations · forecasts to 2031 · inv_GDP

2025
23.7%percent of GDP
Change on 2024
+2.6 pointsfrom 21.2%
Average, 2016–2025
23.3%10 years
Record high and low
43.7% (2007)low 9.31% (1993)

Gross capital formation (% of GDP)

Report error
5%10%15%20%25%30%35%40%45%198019902000201020202030LatviaLatvia
ForecastPercent of GDP

Compare with other countries →Definition of Gross capital formation (% of GDP)

Recent values

Percent of GDP

YearValue
203124.2Forecast
203024.2Forecast
202924.1Forecast
202824.1Forecast
202724.1Forecast
202623.8Forecast
202523.7
202421.2
202324.0
202224.2
202125.7
202022.2
201923.3
201823.9
201722.7
201621.8

Sources

This series is derived from other GMD variables.

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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