Gross capital formation reached USD 9,205 bil in 2024 in Latvia, according to the National Statistical Office. This is 12.0% less than in the previous year.
Historically, gross capital formation in Latvia reached an all time high of USD 12,847 bil in 2007 and an all time low of USD 0.410 bil in 1993.
Latvia has been ranked 78th within the group of 126 countries we follow in terms of gross capital formation.
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