Gross fixed capital formation, General government, Constant prices in Latvia
Latvia: Gross fixed capital formation, General government, Constant prices was -9.05 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in Latvia, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Latvia is -9.05 % change on previous year, measured in 2019.
That represents a change of down 133.9% on the previous year and up 23.5% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Latvia peaked at 100.18 % change on previous year in 2003 and was at its lowest, -32.87 % change on previous year, in 1997.
Latvia ranks 130th of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Constant prices in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4 % change on previous year | — |
| 1962 | 4 % change on previous year | -0.0% |
| 1963 | 4 % change on previous year | +0.0% |
| 1964 | 4 % change on previous year | +0.0% |
| 1965 | 4 % change on previous year | -0.0% |
| 1966 | 4 % change on previous year | -0.0% |
| 1967 | 4 % change on previous year | +0.0% |
| 1968 | 4 % change on previous year | -0.0% |
| 1969 | 4 % change on previous year | +0.0% |
| 1970 | 4 % change on previous year | -0.0% |
| 1971 | 4 % change on previous year | -0.0% |
| 1972 | 4 % change on previous year | +0.0% |
| 1973 | 4 % change on previous year | -0.0% |
| 1974 | 4 % change on previous year | +0.0% |
| 1975 | 4 % change on previous year | -0.0% |
| 1976 | 4 % change on previous year | +0.0% |
| 1977 | 4 % change on previous year | +0.0% |
| 1978 | 4 % change on previous year | +0.0% |
| 1979 | 4 % change on previous year | -0.0% |
| 1980 | 4 % change on previous year | +0.0% |
| 1981 | 4 % change on previous year | -0.0% |
| 1982 | 4 % change on previous year | +0.0% |
| 1983 | 4 % change on previous year | +0.0% |
| 1984 | 4 % change on previous year | +0.0% |
| 1985 | 4 % change on previous year | -0.0% |
| 1986 | 4 % change on previous year | +0.0% |
| 1987 | 4 % change on previous year | -0.0% |
| 1988 | 4 % change on previous year | +0.0% |
| 1989 | 4 % change on previous year | -0.0% |
| 1990 | 4 % change on previous year | +0.0% |
| 1991 | 4 % change on previous year | -0.0% |
| 1992 | 4 % change on previous year | -0.0% |
| 1993 | 4 % change on previous year | -0.0% |
| 1994 | 4 % change on previous year | +0.0% |
| 1995 | 8.8 % change on previous year | +120.0% |
| 1996 | 30.76 % change on previous year | +249.5% |
| 1997 | -32.87 % change on previous year | -206.8% |
| 1998 | 6.42 % change on previous year | -119.5% |
| 1999 | 21.67 % change on previous year | +237.6% |
| 2000 | 11.65 % change on previous year | -46.2% |
| 2001 | -7.81 % change on previous year | -167.0% |
| 2002 | 12.19 % change on previous year | -256.1% |
| 2003 | 100.18 % change on previous year | +722.1% |
| 2004 | 40.89 % change on previous year | -59.2% |
| 2005 | 7.53 % change on previous year | -81.6% |
| 2006 | 46.55 % change on previous year | +518.4% |
| 2007 | 38.7 % change on previous year | -16.9% |
| 2008 | -8.74 % change on previous year | -122.6% |
| 2009 | -11.84 % change on previous year | +35.5% |
| 2010 | -10.42 % change on previous year | -12.0% |
| 2011 | 16.02 % change on previous year | -253.7% |
| 2012 | 0.8911 % change on previous year | -94.4% |
| 2013 | -8.74 % change on previous year | -1080.4% |
| 2014 | 1.53 % change on previous year | -117.5% |
| 2015 | 6.39 % change on previous year | +317.0% |
| 2016 | -23.1 % change on previous year | -461.4% |
| 2017 | 35.47 % change on previous year | -253.6% |
| 2018 | 26.68 % change on previous year | -24.8% |
| 2019 | -9.05 % change on previous year | -133.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 9 |
| 1970s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1980s | 4 % change on previous year | 4 % change on previous year | 4 % change on previous year | 10 |
| 1990s | 5.48 % change on previous year | -32.87 % change on previous year | 30.76 % change on previous year | 10 |
| 2000s | 22.93 % change on previous year | -11.84 % change on previous year | 100.18 % change on previous year | 10 |
| 2010s | 3.57 % change on previous year | -23.1 % change on previous year | 35.47 % change on previous year | 10 |
Countries ranked near Latvia
- 127 Papua New Guinea -7.96 % change on previous year compare
- 128 Bolivia -8.6 % change on previous year compare
- 129 South Africa -8.9 % change on previous year compare
- 131 Botswana -9.2 % change on previous year compare
- 132 Burkina Faso -9.63 % change on previous year compare
- 133 Iceland -9.85 % change on previous year compare
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Latvia?
- Gross fixed capital formation, general government, constant prices in Latvia was -9.05 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, constant prices recorded in Latvia?
- The highest recorded value was 100.18 % change on previous year in 2003.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Latvia?
- The lowest recorded value was -32.87 % change on previous year in 1997.
- How does Latvia rank for gross fixed capital formation, general government, constant prices?
- Latvia ranks 130th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Latvia?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Constant prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.