Latvia - Gross fixed capital formation
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Latvia was $8,243,250,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $11,423,520,000 in 2008 and $821,019,700 in 1995.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $821,019,700 |
| 1996 | $1,061,771,000 |
| 1997 | $1,148,977,000 |
| 1998 | $1,705,256,000 |
| 1999 | $1,721,214,000 |
| 2000 | $1,988,105,000 |
| 2001 | $2,267,634,000 |
| 2002 | $2,322,890,000 |
| 2003 | $2,905,848,000 |
| 2004 | $4,128,708,000 |
| 2005 | $5,273,722,000 |
| 2006 | $7,302,658,000 |
| 2007 | $11,240,170,000 |
| 2008 | $11,423,520,000 |
| 2009 | $5,869,833,000 |
| 2010 | $4,564,056,000 |
| 2011 | $6,318,999,000 |
| 2012 | $7,331,424,000 |
| 2013 | $7,332,678,000 |
| 2014 | $7,155,122,000 |
| 2015 | $5,960,533,000 |
| 2016 | $5,422,384,000 |
| 2017 | $6,279,438,000 |
| 2018 | $7,615,378,000 |
| 2019 | $7,949,962,000 |
| 2020 | $8,243,250,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in Latvia was 7,217,018,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 8,217,687,000 in 2007 and a minimum value of 575,699,000 in 1995.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 575,699,000 |
| 1996 | 832,004,000 |
| 1997 | 949,744,000 |
| 1998 | 1,431,221,000 |
| 1999 | 1,433,083,000 |
| 2000 | 1,715,735,000 |
| 2001 | 2,025,904,000 |
| 2002 | 2,043,214,000 |
| 2003 | 2,362,745,000 |
| 2004 | 3,173,738,000 |
| 2005 | 4,237,436,000 |
| 2006 | 5,823,139,000 |
| 2007 | 8,217,687,000 |
| 2008 | 7,814,830,000 |
| 2009 | 4,222,758,000 |
| 2010 | 3,446,067,000 |
| 2011 | 4,545,605,000 |
| 2012 | 5,706,000,000 |
| 2013 | 5,522,674,000 |
| 2014 | 5,385,862,000 |
| 2015 | 5,372,207,000 |
| 2016 | 4,898,698,000 |
| 2017 | 5,558,593,000 |
| 2018 | 6,448,494,000 |
| 2019 | 7,101,512,000 |
| 2020 | 7,217,018,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in Latvia was 7,299,035,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 9,477,598,000 in 2007 and 1,335,808,000 in 1995.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 1,335,808,000 |
| 1996 | 1,791,488,000 |
| 1997 | 1,883,477,000 |
| 1998 | 2,693,006,000 |
| 1999 | 2,814,069,000 |
| 2000 | 3,435,641,000 |
| 2001 | 4,099,247,000 |
| 2002 | 3,939,049,000 |
| 2003 | 4,365,897,000 |
| 2004 | 5,603,677,000 |
| 2005 | 6,774,542,000 |
| 2006 | 7,745,556,000 |
| 2007 | 9,477,598,000 |
| 2008 | 8,512,003,000 |
| 2009 | 5,568,903,000 |
| 2010 | 4,470,185,000 |
| 2011 | 5,627,159,000 |
| 2012 | 6,620,892,000 |
| 2013 | 6,327,554,000 |
| 2014 | 6,082,217,000 |
| 2015 | 5,960,533,000 |
| 2016 | 5,469,337,000 |
| 2017 | 6,093,449,000 |
| 2018 | 6,810,754,000 |
| 2019 | 7,282,829,000 |
| 2020 | 7,299,035,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in Latvia was 0.22 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 42.98 in 1998 and a minimum value of -34.58 in 2009.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1996 | 34.11 |
| 1997 | 5.13 |
| 1998 | 42.98 |
| 1999 | 4.50 |
| 2000 | 22.09 |
| 2001 | 19.32 |
| 2002 | -3.91 |
| 2003 | 10.84 |
| 2004 | 28.35 |
| 2005 | 20.89 |
| 2006 | 14.33 |
| 2007 | 22.36 |
| 2008 | -10.19 |
| 2009 | -34.58 |
| 2010 | -19.73 |
| 2011 | 25.88 |
| 2012 | 17.66 |
| 2013 | -4.43 |
| 2014 | -3.88 |
| 2015 | -2.00 |
| 2016 | -8.24 |
| 2017 | 11.41 |
| 2018 | 11.77 |
| 2019 | 6.93 |
| 2020 | 0.22 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in Latvia was 6,578,594,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 8,542,125,000 in 2007 and a minimum value of 1,203,959,000 in 1995.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 1,203,959,000 |
| 1996 | 1,614,662,000 |
| 1997 | 1,697,571,000 |
| 1998 | 2,427,197,000 |
| 1999 | 2,536,310,000 |
| 2000 | 3,096,531,000 |
| 2001 | 3,694,637,000 |
| 2002 | 3,550,251,000 |
| 2003 | 3,934,967,000 |
| 2004 | 5,050,574,000 |
| 2005 | 6,105,871,000 |
| 2006 | 6,981,042,000 |
| 2007 | 8,542,125,000 |
| 2008 | 7,671,838,000 |
| 2009 | 5,019,232,000 |
| 2010 | 4,028,962,000 |
| 2011 | 5,071,738,000 |
| 2012 | 5,967,386,000 |
| 2013 | 5,703,002,000 |
| 2014 | 5,481,881,000 |
| 2015 | 5,372,207,000 |
| 2016 | 4,929,494,000 |
| 2017 | 5,492,004,000 |
| 2018 | 6,138,508,000 |
| 2019 | 6,563,988,000 |
| 2020 | 6,578,594,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in Latvia was 24.46 as of 2020. Its highest value over the past 25 years was 36.20 in 2007, while its lowest value was 14.18 in 1995.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 14.18 |
| 1996 | 17.77 |
| 1997 | 17.60 |
| 1998 | 23.80 |
| 1999 | 22.85 |
| 2000 | 24.98 |
| 2001 | 27.12 |
| 2002 | 24.31 |
| 2003 | 24.68 |
| 2004 | 28.60 |
| 2005 | 31.02 |
| 2006 | 33.86 |
| 2007 | 36.20 |
| 2008 | 31.86 |
| 2009 | 22.23 |
| 2010 | 19.05 |
| 2011 | 23.00 |
| 2012 | 26.03 |
| 2013 | 24.28 |
| 2014 | 22.80 |
| 2015 | 21.86 |
| 2016 | 19.31 |
| 2017 | 20.60 |
| 2018 | 22.12 |
| 2019 | 23.17 |
| 2020 | 24.46 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
