Foreign direct investment, net inflows, as a proportion of GDP in Latvia
Latvia: Foreign direct investment, net inflows, as a proportion of GDP was 3.5% in 2024. ◆ Volatile
Foreign direct investment, net inflows, as a proportion of GDP in Latvia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, foreign direct investment, net inflows, as a proportion of gdp in Latvia stood at 3.5%.
Compared with earlier readings it is down 12.2% on the previous year and up 0.4% over ten years.
Over the whole period, foreign direct investment, net inflows, as a proportion of gdp in Latvia peaked at 9.8% in 2021 and was at its lowest, -0.6%, in 2009.
Latvia ranks 76th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows, as a proportion of GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 2.1% | -49.3% |
| 2002 | 1.7% | -18.3% |
| 2003 | 2.8% | +62.7% |
| 2004 | 4.3% | +51.9% |
| 2005 | 5.0% | +16.1% |
| 2006 | 8.3% | +68.1% |
| 2007 | 9.2% | +10.5% |
| 2008 | 4.2% | -54.4% |
| 2009 | -0.6% | -113.9% |
| 2010 | 2.0% | -446.6% |
| 2011 | 5.7% | +182.5% |
| 2012 | 4.0% | -30.3% |
| 2013 | 3.4% | -14.9% |
| 2014 | 3.5% | +1.7% |
| 2015 | 3.1% | -10.6% |
| 2016 | 1.2% | -59.9% |
| 2017 | 4.0% | +227.3% |
| 2018 | 1.3% | -67.4% |
| 2019 | 3.4% | +155.2% |
| 2020 | 2.8% | -16.5% |
| 2021 | 9.8% | +247.5% |
| 2022 | 3.2% | -67.2% |
| 2023 | 3.9% | +23.3% |
| 2024 | 3.5% | -12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -0.6% | 9.2% | 10 |
| 2010s | 3.2% | 1.2% | 5.7% | 10 |
| 2020s | 4.6% | 2.8% | 9.8% | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Final consumption expenditure (constant 2015 US$), per capita 13,539 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.75 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 27,517 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.96 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.9255 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 24,351 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.59 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7243 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 19,058 constant 2015 US$ per person (2025)
Frequently asked questions
- What is foreign direct investment, net inflows, as a proportion of gdp in Latvia?
- Foreign direct investment, net inflows, as a proportion of gdp in Latvia was 3.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest foreign direct investment, net inflows, as a proportion of gdp recorded in Latvia?
- The highest recorded value was 9.8% in 2021.
- What is the lowest foreign direct investment, net inflows, as a proportion of gdp recorded in Latvia?
- The lowest recorded value was -0.6% in 2009.
- How does Latvia rank for foreign direct investment, net inflows, as a proportion of gdp?
- Latvia ranks 76th out of 212 countries with data for 2024.
- Is foreign direct investment, net inflows, as a proportion of gdp rising or falling in Latvia?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Foreign direct investment, net inflows, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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