Latvia - Total ICT Investments
Since 2013, Latvia Total ICT Investments jumped by 0.5points year on year. In 2018, the country was number 18 comparing other countries in Total ICT Investments at 7.28 Percent of Gross Fixed Capital Formation. Latvia is overtaken by Canada, which was number 17 with 7.89 Percent of Gross Fixed Capital Formation and is followed by Luxembourg with 6.47 Percent of Gross Fixed Capital Formation. Netherlands ranked the highest with 18.57 Percent of Gross Fixed Capital Formation in 2018, +1.6points compared to 2017. United States, Czech Republic and France respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +7.5points per year, while Slovakia was the worst growing country at -7.2points per year.
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| Date | Percent of Gross Fixed Capital Formation |
|---|---|
| 2018 | 7.28 |
| 2017 | 7.21 |
| 2016 | 7.13 |
| 2015 | 7.05 |
| 2014 | 7.03 |
How does Latvia rank in Total ICT Investments?
| # | 21 Countries | Percent of Gross Fixed Capital Formation | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Netherlands
|
18.57 % | 2018 | +1.6 % | +1.1 % | View data | |
| 2 |
#2
United States
|
15.33 % | 2018 | -0.6 % | -1.0 % | View data | |
| 17 |
#17
Canada
|
7.89 % | 2018 | -3.3 % | -2.4 % | View data | |
| 18 |
#18
Latvia
|
7.28 % | 2018 | +1.0 % | +0.5 % | View data | |
| 19 |
#19
Luxembourg
|
6.47 % | 2018 | -2.1 % | -2.2 % | View data | |