Latvia: Capital investment, in dollars

* indicates monthly or quarterly data series

Capital investment, billion USD

 Latest value 10.03
 Year 2023
 Measure billion U.S. dollars
 Data availability 1995 - 2023
 Average 6.04
 Min - Max 0.91 - 12.91
 Source The World Bank
For that indicator, we provide data for Latvia from 1995 to 2023. The average value for Latvia during that period was 6.04 billion U.S. dollars with a minimum of 0.91 billion U.S. dollars in 1995 and a maximum of 12.91 billion U.S. dollars in 2007. The latest value from 2023 is 10.03 billion U.S. dollars. For comparison, the world average in 2023 based on 129 countries is 95.31 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Latvia - Capital investment, in dollars - Recent values chart

Historical chart
Latvia - Capital investment, in dollars - historical chart - 1995-2023

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 25.82 2022 percent
 Capital investment, in dollars 10.03 2023 billion U.S. dollars
 Household consumption, percent of GDP 61.14 2023 percent
 Household consumption, in dollars 26.67 2023 billion U.S. dollars
 Household consumption 6.41 Q3/2023 billion
 Consumption as percent of GDP 61.15 Q3/2023 percent
 Consumption growth 3.91 Q3/2023 percent
 Investment 2.70 Q3/2023 billion
 Investment as percent of GDP 25.82 Q3/2023 percent
 Investment growth 9.62 Q3/2023 percent
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