Consumption of fixed capital (CFC), Ratio of this level in Latvia
Latvia: Consumption of fixed capital (CFC), Ratio of this level was 0.594 in 2020. ▬ Flat
Consumption of fixed capital (CFC), Ratio of this level of in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, consumption of fixed capital (cfc), ratio of this level of in Latvia stood at 0.594.
The figure is up 1.5% on the previous year and up 2.6% over ten years.
Over the whole period, consumption of fixed capital (cfc), ratio of this level of in Latvia peaked at 0.6361 in 2005 and was at its lowest, 0.5164, in 2006.
Latvia ranks 20th of 49 countries on this measure, in the middle of the range.
Consumption of fixed capital (CFC), Ratio of this level in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.5299 | — |
| 1996 | 0.5581 | +5.3% |
| 1997 | 0.5631 | +0.9% |
| 1998 | 0.5733 | +1.8% |
| 1999 | 0.5619 | -2.0% |
| 2000 | 0.6244 | +11.1% |
| 2001 | 0.6112 | -2.1% |
| 2002 | 0.5334 | -12.7% |
| 2003 | 0.6015 | +12.8% |
| 2004 | 0.5923 | -1.5% |
| 2005 | 0.6361 | +7.4% |
| 2006 | 0.5164 | -18.8% |
| 2007 | 0.5622 | +8.9% |
| 2008 | 0.5637 | +0.3% |
| 2009 | 0.5612 | -0.5% |
| 2010 | 0.5787 | +3.1% |
| 2011 | 0.5675 | -1.9% |
| 2012 | 0.5774 | +1.7% |
| 2013 | 0.5641 | -2.3% |
| 2014 | 0.6003 | +6.4% |
| 2015 | 0.6035 | +0.5% |
| 2016 | 0.5996 | -0.6% |
| 2017 | 0.5895 | -1.7% |
| 2018 | 0.5793 | -1.7% |
| 2019 | 0.5854 | +1.0% |
| 2020 | 0.594 | +1.5% |
Latvia compared with similar countries
- Latvia's 0.594 is above the median for high income countries, which is 0.5601, 1.1× the median. (41 countries reporting)
- Latvia's 0.594 is above the median for Europe & Central Asia, which is 0.5629, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5573 | 0.5299 | 0.5733 | 5 |
| 2000s | 0.5803 | 0.5164 | 0.6361 | 10 |
| 2010s | 0.5845 | 0.5641 | 0.6035 | 10 |
| 2020s | 0.594 | 0.594 | 0.594 | 1 |
Countries ranked near Latvia
More public sector data for Latvia
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- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is consumption of fixed capital (cfc), ratio of this level of in Latvia?
- Consumption of fixed capital (cfc), ratio of this level of in Latvia was 0.594 in 2020, according to International Monetary Fund.
- What is the highest consumption of fixed capital (cfc), ratio of this level of recorded in Latvia?
- The highest recorded value was 0.6361 in 2005.
- What is the lowest consumption of fixed capital (cfc), ratio of this level of recorded in Latvia?
- The lowest recorded value was 0.5164 in 2006.
- How does Latvia rank for consumption of fixed capital (cfc), ratio of this level of?
- Latvia ranks 20th out of 49 countries with data for 2020.
- Is consumption of fixed capital (cfc), ratio of this level of rising or falling in Latvia?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Consumption of fixed capital (CFC), Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.