Ireland vs Latvia: Foreign direct investment, net inflows
Foreign direct investment, net inflows 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 154th and Latvia ranks 157th of 200 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, 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 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?
- Ireland ranks 154th and Latvia ranks 157th of 200 countries.
- Where does this data come from?
- International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF), published as Foreign direct investment, net inflows (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Foreign direct investment is the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.