Ireland vs Latvia: Foreign direct investment, net inflows as share of GDP
Ireland
0.8%
in 2024
Latvia
0.5%
in 2025
Ireland rank
152nd
Latvia rank
155th
Foreign direct investment, net inflows as share of GDP over time
- Ireland
- Latvia
How they compare
Ireland currently reports 0.8% against 0.5% in Latvia, a difference of 0.3%.
That makes Ireland's figure about 1.6 times Latvia's.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Latvia ahead.
Ireland ranks 152nd and Latvia ranks 155th of 198 countries.
Across the 4 decades both report, Ireland averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Ireland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.2% | 5.5% | 1.7% | Ireland |
| 2000s | 15.1% | 4.1% | 11.0% | Ireland |
| 2010s | 27.1% | 3.2% | 23.9% | Ireland |
| 2020s | -1.5% | 4.6% | 6.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign direct investment, net inflows as share of gdp, Ireland or Latvia?
- Ireland, at 0.8% against 0.5% in Latvia as of 2024.
- What is the difference in foreign direct investment, net inflows as share of gdp between Ireland and Latvia?
- 0.3%, with Ireland ahead.
- How many years of comparable data are there for Ireland and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Ireland and Latvia rank globally for foreign direct investment, net inflows as share of gdp?
- Ireland ranks 152nd and Latvia ranks 155th of 198 countries.
- Where does this data come from?
- IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data, published as Foreign direct investment, net inflows as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net inflows of foreign direct investment from foreign investors to the reporting economy.