FDI by counterpart area and by economic activity, BMD4 and historical in Latvia

Latvia: FDI by counterpart area and by economic activity, BMD4 and historical was 11 Reported currency in 2023. ◆ Volatile

Latest (2023)
11 Reported currency
Change on year
down 47.6%
World rank
5th
of 7 countries
All-time high
21 Reported currency
in 2022
All-time low
-36 Reported currency
in 2018
Years of data
10
2014–2023

FDI by counterpart area and by economic activity, BMD4 and historical in Latvia, 2014–2023

-40-200202014201820232014: 0 Reported currency2015: 2 Reported currency2016: 12 Reported currency2017: -10 Reported currency2018: -36 Reported currency2019: -32 Reported currency2020: 2 Reported currency2021: 1 Reported currency2022: 21 Reported currency2023: 11 Reported currency

Source: Organisation for Economic Co-operation and Development. Measured in Reported currency.

Analysis

The most recent figure for fdi by counterpart area and by economic activity, bmd4 and historical in Latvia is 11 Reported currency, measured in 2023.

Compared with earlier readings it is down 47.6% on the previous year and up 130.6% over five years.

Over the whole period, fdi by counterpart area and by economic activity, bmd4 and historical in Latvia peaked at 21 Reported currency in 2022 and was at its lowest, -36 Reported currency, in 2018.

The series is highly variable year to year, so single readings are best treated with caution.

FDI by counterpart area and by economic activity, BMD4 and historical in Latvia, year by year

Annual values for FDI by counterpart area and by economic activity, BMD4 and historical BMD3 — FDI financial flows - reinvestment of earnings in Latvia, 2014 to 2023.
Year Reported currency Change
2014 0 Reported currency
2015 2 Reported currency
2016 12 Reported currency +500.0%
2017 -10 Reported currency -183.3%
2018 -36 Reported currency +260.0%
2019 -32 Reported currency -11.1%
2020 2 Reported currency -106.2%
2021 1 Reported currency -50.0%
2022 21 Reported currency +2000.0%
2023 11 Reported currency -47.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s -10.67 Reported currency -36 Reported currency 12 Reported currency 6
2020s 8.75 Reported currency 1 Reported currency 21 Reported currency 4

Countries ranked near Latvia

  1. 2 Luxembourg 18,448 Reported currency compare
  2. 2 Poland 1,524 Reported currency compare
  3. 3 Lithuania 473.22 Reported currency compare
  4. 3 Mexico 18,310 Reported currency compare
  5. 4 Israel 8,178 Reported currency compare
  6. 4 Türkiye 40.7 Reported currency compare
  7. 5 Czechia 4,603 Reported currency compare
  8. 6 Slovenia 1.06 Reported currency compare
  9. 6 Spain 3,586 Reported currency compare
  10. 7 Estonia -237.11 Reported currency compare
  11. 7 Costa Rica 3,270 Reported currency compare
  12. 8 Colombia 3,026 Reported currency compare

See the full ranking of 33 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is fdi by counterpart area and by economic activity, bmd4 and historical in Latvia?
Fdi by counterpart area and by economic activity, bmd4 and historical in Latvia was 11 Reported currency in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest fdi by counterpart area and by economic activity, bmd4 and historical recorded in Latvia?
The highest recorded value was 21 Reported currency in 2022.
What is the lowest fdi by counterpart area and by economic activity, bmd4 and historical recorded in Latvia?
The lowest recorded value was -36 Reported currency in 2018.
How does Latvia rank for fdi by counterpart area and by economic activity, bmd4 and historical?
Latvia ranks 5th out of 7 countries with data for 2023.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of FDI by counterpart area and by economic activity, BMD4 and historical BMD3 — FDI financial flows - reinvestment of earnings. Statizoid updates them automatically from the source API.

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FDI by counterpart area and by economic activity, BMD4 and historical in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/fdi-by-counterpart-area-and-by-economic-activity-bmd4-and-historical-bmd3-fdi-financial/latvia-2/

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About this data

Indicator
FDI by counterpart area and by economic activity, BMD4 and historical BMD3 — FDI financial flows - reinvestment of earnings
Unit
Reported currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
33 places, 486 data points, 2005–2024
Last refreshed

This dataset FDI by counterpart area and by economic activity, BMD4 and historical BMD3 includes long time series of FDI statistics by partner country and by industry. It uses available BMD4 series and combines them with BMD3 historical series (from the unrevised OECD FDI datasets according to BMD3) as far back as 2005 and identifies breaks in series.For selected countries, breaks in series were removed as there was no significant impact of BMD4 implementation. In this dataset, inward and outward FDI flows, positions and income include resident SPEs when they exist (unless otherwise stated, see metadata attached at the reporting country level); and they are allocated to the immediate counterpart country (unless otherwise specified, see metadata attached at the reporting country level). Inward and outward FDI statistics in this datset are presented on a directional basis (unless otherwise stated, see metadata attached at the reporting country level); they are measured in USD millions, in millions of national currency and as a share of total (for FDI positions only). In 2014, many countries implemented the latest international standards for Foreign Direct Investment (FDI) statistics: the OECD’s Benchmark Definition of FDI, 4th edition (BMD4); and the IMF’s Balance of Payments and International Investment Position Manual, 6th edition (BPM6) This OECD database was launched in March 2015 which includes the data series reported by national experts according to BMD4. The data are for the most part based on balance of payments statistics published by Central Banks and Statistical Offices following the recommendations of the IMF’s BPM6 and the OECD’s BMD4. However, some of the data relate to other sources such as notifications or approvals.