Latvia - Gross fixed capital formation (current LCU)

Gross fixed capital formation (current LCU) in Latvia was at 5496830000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 latvia gross fixed capital formation current lcu wb data




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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.


Latvia | Economy & Growth

GDP (current US$)
27002832428 USD
GDP (current LCU)
24348454000 LCU
GDP (constant 2000 US$)
28333749338 USD
GDP (constant LCU)
21386314000 LCU
GNI (current US$)
26938164578 USD
GNI (current LCU)
24290143000 LCU
GNI (constant 2000 US$)
28265780800 USD
GNI (constant LCU)
21335020745 LCU