Foreign direct investment, net inflows (BoP, current US$), per square in Latvia
Latvia: Foreign direct investment, net inflows (BoP, current US$), per square was 27,142 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Foreign direct investment, net inflows (BoP, current US$), per square in Latvia, 1992–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2023, foreign direct investment, net inflows (bop, current us$), per square in Latvia stood at 27,142 BoP, current US$ per square kilometre.
The figure is up 38.7% on the previous year and up 70.7% over ten years.
Over the whole period, foreign direct investment, net inflows (bop, current us$), per square in Latvia peaked at 60,005 BoP, current US$ per square kilometre in 2021 and was at its lowest, -2,411 BoP, current US$ per square kilometre, in 2009.
That places Latvia 67th out of 200 countries with data for 2023, putting it 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 (BoP, current US$), per square in Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 493.41 BoP, current US$ per square kilometre | — |
| 1993 | 898.85 BoP, current US$ per square kilometre | +82.2% |
| 1994 | 4,545 BoP, current US$ per square kilometre | +405.7% |
| 1995 | 3,922 BoP, current US$ per square kilometre | -13.7% |
| 1996 | 5,325 BoP, current US$ per square kilometre | +35.8% |
| 1997 | 7,623 BoP, current US$ per square kilometre | +43.2% |
| 1998 | 5,968 BoP, current US$ per square kilometre | -21.7% |
| 1999 | 5,594 BoP, current US$ per square kilometre | -6.3% |
| 2000 | 5,210 BoP, current US$ per square kilometre | -6.9% |
| 2001 | 2,788 BoP, current US$ per square kilometre | -46.5% |
| 2002 | 2,573 BoP, current US$ per square kilometre | -7.7% |
| 2003 | 5,089 BoP, current US$ per square kilometre | +97.8% |
| 2004 | 9,507 BoP, current US$ per square kilometre | +86.8% |
| 2005 | 13,014 BoP, current US$ per square kilometre | +36.9% |
| 2006 | 27,410 BoP, current US$ per square kilometre | +110.6% |
| 2007 | 43,605 BoP, current US$ per square kilometre | +59.1% |
| 2008 | 23,049 BoP, current US$ per square kilometre | -47.1% |
| 2009 | -2,411 BoP, current US$ per square kilometre | -110.5% |
| 2010 | 7,633 BoP, current US$ per square kilometre | -416.6% |
| 2011 | 24,419 BoP, current US$ per square kilometre | +219.9% |
| 2012 | 17,368 BoP, current US$ per square kilometre | -28.9% |
| 2013 | 15,898 BoP, current US$ per square kilometre | -8.5% |
| 2014 | 16,795 BoP, current US$ per square kilometre | +5.6% |
| 2015 | 13,063 BoP, current US$ per square kilometre | -22.2% |
| 2016 | 5,390 BoP, current US$ per square kilometre | -58.7% |
| 2017 | 19,123 BoP, current US$ per square kilometre | +254.8% |
| 2018 | 7,057 BoP, current US$ per square kilometre | -63.1% |
| 2019 | 17,931 BoP, current US$ per square kilometre | +154.1% |
| 2020 | 15,095 BoP, current US$ per square kilometre | -15.8% |
| 2021 | 60,005 BoP, current US$ per square kilometre | +297.5% |
| 2022 | 19,563 BoP, current US$ per square kilometre | -67.4% |
| 2023 | 27,142 BoP, current US$ per square kilometre | +38.7% |
Latvia compared with similar countries
- Latvia's 27,142 BoP, current US$ per square kilometre is below the median for high income countries, which is 45,850 BoP, current US$ per square kilometre, 59% of the median. (73 countries reporting)
- Latvia's 27,142 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 26,289 BoP, current US$ per square kilometre, 1.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,296 BoP, current US$ per square kilometre | 493.41 BoP, current US$ per square kilometre | 7,623 BoP, current US$ per square kilometre | 8 |
| 2000s | 12,983 BoP, current US$ per square kilometre | -2,411 BoP, current US$ per square kilometre | 43,605 BoP, current US$ per square kilometre | 10 |
| 2010s | 14,468 BoP, current US$ per square kilometre | 5,390 BoP, current US$ per square kilometre | 24,419 BoP, current US$ per square kilometre | 10 |
| 2020s | 30,451 BoP, current US$ per square kilometre | 15,095 BoP, current US$ per square kilometre | 60,005 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 64 Bahamas 32,213 BoP, current US$ per square kilometre compare
- 65 Georgia 30,393 BoP, current US$ per square kilometre compare
- 66 Philippines 29,933 BoP, current US$ per square kilometre compare
- 68 Chile 25,873 BoP, current US$ per square kilometre compare
- 69 North Macedonia 25,436 BoP, current US$ per square kilometre compare
- 70 Senegal 24,879 BoP, current US$ per square kilometre compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is foreign direct investment, net inflows (bop, current us$), per square in Latvia?
- Foreign direct investment, net inflows (bop, current us$), per square in Latvia was 27,142 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest foreign direct investment, net inflows (bop, current us$), per square recorded in Latvia?
- The highest recorded value was 60,005 BoP, current US$ per square kilometre in 2021.
- What is the lowest foreign direct investment, net inflows (bop, current us$), per square recorded in Latvia?
- The lowest recorded value was -2,411 BoP, current US$ per square kilometre in 2009.
- How does Latvia rank for foreign direct investment, net inflows (bop, current us$), per square?
- Latvia ranks 67th out of 200 countries with data for 2023.
- Is foreign direct investment, net inflows (bop, current us$), per square rising or falling in Latvia?
- Over the last ten years it is up 70.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Foreign direct investment, net inflows (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Foreign direct investment, net inflows (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Foreign direct investment, net inflows (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Foreign direct investment, net inflows Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Foreign direct investment, net inflows (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.