Latvia Foreign Direct Investment 1992-2024

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 2022 was $1.22B, a 67.31% decline from 2021.
  • Latvia foreign direct investment for 2021 was $3.72B, a 296.62% increase from 2020.
  • Latvia foreign direct investment for 2020 was $0.94B, a 15.83% decline from 2019.
  • Latvia foreign direct investment for 2019 was $1.11B, a 162.7% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflows, US $
United States $351.56B
Singapore $140.84B
Hong Kong $120.95B
France $96.24B
Australia $67.12B
Canada $53.31B
Sweden $49.28B
Japan $47.52B
Germany $47.37B
United Kingdom $44.13B
Spain $38.49B
Poland $35.00B
Italy $31.23B
Denmark $28.13B
Israel $27.76B
Switzerland $27.71B
Chile $20.86B
South Korea $18.00B
Argentina $15.09B
Ireland $14.95B
Cyprus $11.13B
Czech Republic $10.53B
Belgium $9.79B
Uruguay $9.33B
Saudi Arabia $7.89B
New Zealand $7.83B
Finland $7.30B
Greece $6.85B
Malta $4.83B
Norway $4.78B
Slovak Republic $4.05B
Croatia $3.67B
Slovenia $1.76B
Estonia $1.46B
Latvia $1.22B
Iceland $0.96B
Kuwait $0.75B
Lithuania $0.69B
Aruba $0.17B
Qatar $0.08B
Netherlands $-2.69B
Hungary $-13.13B
Latvia Foreign Direct Investment - Historical Data
Year Inflows, US $ % of GDP
2022 $1.22B 2.96%
2021 $3.72B 9.37%
2020 $0.94B 2.71%
2019 $1.11B 3.25%
2018 $0.42B 1.23%
2017 $1.19B 3.90%
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%