Foreign direct investment, net inflows as share of GDP in Latvia
Latvia: Foreign direct investment, net inflows as share of GDP was 0.5% in 2025. ◆ Volatile
Foreign direct investment, net inflows as share of GDP in Latvia, 1995–2025
Source: IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for foreign direct investment, net inflows as share of gdp in Latvia is 0.5%, measured in 2025.
The figure is down 85.4% on the previous year and down 83.8% over ten years.
Over the whole period, foreign direct investment, net inflows as share of gdp in Latvia peaked at 9.8% in 2021 and was at its lowest, -0.6%, in 2009.
That places Latvia 155th out of 198 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows as share of GDP in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 4.4% | — |
| 1996 | 5.7% | +31.3% |
| 1997 | 7.5% | +30.8% |
| 1998 | 5.3% | -28.7% |
| 1999 | 4.8% | -10.8% |
| 2000 | 4.2% | -12.1% |
| 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 | 3.4% | -12.9% |
| 2025 | 0.5% | -85.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.5% | 4.4% | 7.5% | 5 |
| 2000s | 4.1% | -0.6% | 9.2% | 10 |
| 2010s | 3.2% | 1.2% | 5.7% | 10 |
| 2020s | 3.9% | 0.5% | 9.8% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is foreign direct investment, net inflows as share of gdp in Latvia?
- Foreign direct investment, net inflows as share of gdp in Latvia was 0.5% in 2025, according to IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data.
- What is the highest foreign direct investment, net inflows as share of gdp recorded in Latvia?
- The highest recorded value was 9.8% in 2021.
- What is the lowest foreign direct investment, net inflows as share 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 share of gdp?
- Latvia ranks 155th out of 198 countries with data for 2025.
- Is foreign direct investment, net inflows as share of gdp rising or falling in Latvia?
- Over the last ten years it is down 83.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from IMF International Financial Statistics and Balance of Payments; World Bank International Debt Statistics and GDP estimates; and OECD GDP estimates (2026) – processed by Our World in Data, published as part of Foreign direct investment, net inflows as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Net inflows of foreign direct investment from foreign investors to the reporting economy.