Latvia Foreign Direct Investment 1992-2023

Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.
  • Latvia foreign direct investment for 2021 was $5.31B, a 462.48% increase from 2020.
  • Latvia foreign direct investment for 2020 was $0.94B, a 13.19% decline from 2019.
  • Latvia foreign direct investment for 2019 was $1.09B, a 154.22% increase from 2018.
  • Latvia foreign direct investment for 2018 was $0.43B, a 62.91% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflows, US $
United States $448.32B
Hong Kong $132.04B
Singapore $105.49B
Ireland $96.87B
France $88.43B
Germany $73.65B
Belgium $68.63B
Canada $60.18B
Sweden $58.32B
British Virgin Islands $39.36B
Spain $36.61B
Poland $33.68B
Hungary $30.18B
Australia $29.13B
Japan $27.32B
Cayman Islands $25.89B
United Kingdom $22.60B
Israel $21.54B
UAE $20.67B
Saudi Arabia $19.29B
South Korea $16.82B
Finland $16.40B
Denmark $14.71B
Italy $14.33B
Chile $12.72B
Norway $10.70B
Switzerland $9.31B
Czech Republic $7.61B
Austria $7.57B
Portugal $7.36B
Estonia $7.14B
Argentina $6.78B
Greece $5.99B
Latvia $5.31B
Croatia $4.48B
Malta $4.37B
New Zealand $4.04B
Oman $3.62B
Uruguay $2.59B
Slovenia $2.15B
Lithuania $1.88B
Bahrain $1.77B
Panama $1.35B
Slovak Republic $0.97B
Cyprus $0.46B
Bahamas $0.36B
Barbados $0.24B
Brunei $0.20B
Kuwait $0.20B
Seychelles $0.16B
Curacao $0.15B
Aruba $0.13B
Antigua and Barbuda $0.10B
Iceland $0.05B
St. Kitts and Nevis $0.04B
Sint Maarten (Dutch part) $0.03B
Turks and Caicos Islands $0.03B
Palau $0.02B
French Polynesia $0.02B
Bermuda $0.00B
Macao $-0.30B
New Caledonia $-0.49B
Trinidad and Tobago $-0.78B
Qatar $-1.09B
Luxembourg $-9.05B
Netherlands $-160.89B
Latvia Foreign Direct Investment - Historical Data
Year Inflows, US $ % of GDP
2021 $5.31B 13.33%
2020 $0.94B 2.73%
2019 $1.09B 3.17%
2018 $0.43B 1.24%
2017 $1.15B 3.78%
2016 $0.34B 1.19%
2015 $0.81B 2.98%
2014 $1.05B 3.33%
2013 $0.99B 3.28%
2012 $1.08B 3.84%
2011 $1.52B 5.53%
2010 $0.47B 1.98%
2009 $-0.15B -0.57%
2008 $1.43B 4.00%
2007 $2.71B 8.74%
2006 $1.71B 7.91%
2005 $0.81B 4.76%
2004 $0.59B 4.10%
2003 $0.32B 2.69%
2002 $0.16B 1.68%
2001 $0.17B 2.07%
2000 $0.32B 4.07%
1999 $0.35B 4.62%
1998 $0.37B 5.18%
1997 $0.47B 7.27%
1996 $0.33B 5.55%
1995 $0.24B 4.22%
1994 $0.28B 4.22%
1993 $0.06B 4.22%
1992 $0.03B 4.22%