Kenya vs Latvia: Total FDI outflows — Value US$
Total FDI outflows — Value US$ over time
- Kenya
- Latvia
How they compare
Kenya currently reports 587.54 million USD against 581.72 million USD in Latvia, a difference of 5.82 million USD.
The two have swapped places 9 times across 32 shared years of data; in 1992 it was Latvia ahead.
Kenya ranks 58th and Latvia ranks 59th of 166 countries.
Across the 4 decades both report, Kenya averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Kenya | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.04 million USD | -6.47 million USD | 8.51 million USD | Kenya |
| 2000s | 9.42 million USD | 102.83 million USD | 93.42 million USD | Latvia |
| 2010s | 17.65 million USD | 167.71 million USD | 150.06 million USD | Latvia |
| 2020s | 1,307 million USD | 765.88 million USD | 540.66 million USD | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total fdi outflows — value us$, Kenya or Latvia?
- Kenya, at 587.54 million USD against 581.72 million USD in Latvia as of 2023.
- What is the difference in total fdi outflows — value us$ between Kenya and Latvia?
- 5.82 million USD, with Kenya ahead.
- How many years of comparable data are there for Kenya and Latvia?
- 32 years are reported by both, from 1992 to 2023.
- How do Kenya and Latvia rank globally for total fdi outflows — value us$?
- Kenya ranks 58th and Latvia ranks 59th of 166 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total FDI outflows — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.