Latvia - Transport Equipment Investment

Since 2014, Latvia Transport Equipment Investment increased 0.5points year on year. With 8.87 Percent of Gross Fixed Capital Formation in 2019, the country was ranked number 20 among other countries in Transport Equipment Investment. Latvia is overtaken by Netherlands, which was number 19 with 9.52 Percent of Gross Fixed Capital Formation and is followed by Colombia at 8.86 Percent of Gross Fixed Capital Formation. Luxembourg lead the ranking with 18.54 Percent of Gross Fixed Capital Formation in 2019, that is an increase of 13.5points compared to 2018. Greece, Mexico and Lithuania respectively ranked number 2, 3 and 4 in this ranking. Netherlands witnessed the best average annual growth at +11.7points per year, while Ireland was the worst growing country at -14.6points per year.

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Date Percent of Gross Fixed Capital Formation
2019 8.87
2018 9.64
2017 13.39
2016 11.79
2015 9.32
Download all data from 1995 to 2019

How does Latvia rank in Transport Equipment Investment?

# 39 Countries Percent of Gross Fixed Capital Formation Last YoY 5‑years CAGR
1 #1
Luxembourg
18.54 % 2019 +13.5 % -6.0 % View data
2 #2
Greece
16.89 % 2019 +31.6 % -0.1 % View data
19 #19
Netherlands
9.52 % 2019 +11.6 % +11.7 % View data
20 #20
Latvia
8.87 % 2019 -8.1 % +0.5 % View data
21 #21
Colombia
8.86 % 2019 -3.4 % -4.0 % View data
Compare all 39 countries

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