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
FDI by counterpart area and by economic activity, BMD4 and historical in Latvia, 2014–2023
Source: Organisation for Economic Co-operation and Development. Measured in Reported currency.
Analysis
In 2023, fdi by counterpart area and by economic activity, bmd4 and historical in Latvia stood at 11 Reported currency.
The figure 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
| 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
| Decade | Average | Lowest | Highest | 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
- 2 Luxembourg 18,448 Reported currency compare
- 2 Poland 1,524 Reported currency compare
- 3 Lithuania 473.22 Reported currency compare
- 3 United Kingdom of Great Britain and Northern Ireland 14,367 Reported currency compare
- 4 Norway 8,608 Reported currency compare
- 4 Türkiye 40.7 Reported currency compare
- 5 Czechia 4,603 Reported currency compare
- 6 Spain 3,586 Reported currency compare
- 6 Slovenia 1.06 Reported currency compare
- 7 Estonia -237.11 Reported currency compare
- 7 Costa Rica 3,270 Reported currency compare
- 8 Colombia 3,026 Reported currency compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
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 income - reinvested earnings. Statizoid updates them automatically from the source API.
Download this data
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About this data
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.