Foreign direct investment, net outflows (BoP, current US$), per in Latvia
Latvia: Foreign direct investment, net outflows (BoP, current US$), per was 16,390 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Foreign direct investment, net outflows (BoP, current US$), per in Latvia, 1992–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Latvia recorded 16,390 BoP, current US$ per square kilometre for foreign direct investment, net outflows (bop, current us$), per in 2023.
The figure is up 707.6% on the previous year and up 106.5% over ten years.
Over the whole period, foreign direct investment, net outflows (bop, current us$), per in Latvia peaked at 42,972 BoP, current US$ per square kilometre in 2021 and was at its lowest, -5,049 BoP, current US$ per square kilometre, in 2018.
Latvia ranks 47th of 188 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net outflows (BoP, current US$), per in Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 54.83 BoP, current US$ per square kilometre | — |
| 1993 | 101.39 BoP, current US$ per square kilometre | +84.9% |
| 1994 | 60.3 BoP, current US$ per square kilometre | -40.5% |
| 1995 | -8.92 BoP, current US$ per square kilometre | -114.8% |
| 1996 | -760.97 BoP, current US$ per square kilometre | +8432.1% |
| 1997 | -652.71 BoP, current US$ per square kilometre | -14.2% |
| 1998 | 1,101 BoP, current US$ per square kilometre | -268.7% |
| 1999 | 281.23 BoP, current US$ per square kilometre | -74.5% |
| 2000 | 111.3 BoP, current US$ per square kilometre | -60.4% |
| 2001 | 1,354 BoP, current US$ per square kilometre | +1116.9% |
| 2002 | -750.89 BoP, current US$ per square kilometre | -155.4% |
| 2003 | 1,380 BoP, current US$ per square kilometre | -283.8% |
| 2004 | 1,367 BoP, current US$ per square kilometre | -1.0% |
| 2005 | 3,628 BoP, current US$ per square kilometre | +165.4% |
| 2006 | 3,415 BoP, current US$ per square kilometre | -5.9% |
| 2007 | 12,364 BoP, current US$ per square kilometre | +262.0% |
| 2008 | 5,509 BoP, current US$ per square kilometre | -55.4% |
| 2009 | -3,112 BoP, current US$ per square kilometre | -156.5% |
| 2010 | 1,652 BoP, current US$ per square kilometre | -153.1% |
| 2011 | 1,733 BoP, current US$ per square kilometre | +4.9% |
| 2012 | 2,592 BoP, current US$ per square kilometre | +49.6% |
| 2013 | 7,936 BoP, current US$ per square kilometre | +206.2% |
| 2014 | 11,155 BoP, current US$ per square kilometre | +40.6% |
| 2015 | 2,315 BoP, current US$ per square kilometre | -79.2% |
| 2016 | 3,943 BoP, current US$ per square kilometre | +70.3% |
| 2017 | 9,275 BoP, current US$ per square kilometre | +135.2% |
| 2018 | -5,049 BoP, current US$ per square kilometre | -154.4% |
| 2019 | 1,433 BoP, current US$ per square kilometre | -128.4% |
| 2020 | 3,176 BoP, current US$ per square kilometre | +121.7% |
| 2021 | 42,972 BoP, current US$ per square kilometre | +1252.8% |
| 2022 | -2,698 BoP, current US$ per square kilometre | -106.3% |
| 2023 | 16,390 BoP, current US$ per square kilometre | -707.6% |
Latvia compared with similar countries
- Latvia's 16,390 BoP, current US$ per square kilometre is below the median for high income countries, which is 30,671 BoP, current US$ per square kilometre, 53% of the median. (70 countries reporting)
- Latvia's 16,390 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 7,848 BoP, current US$ per square kilometre, 2.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment, net outflows (BoP, current US$), per in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -8432.1% | -8.92 BoP, current US$ per square kilometre | -760.97 BoP, current US$ per square kilometre |
| 2021 | +1252.8% | 3,176 BoP, current US$ per square kilometre | 42,972 BoP, current US$ per square kilometre |
| 2001 | +1116.9% | 111.3 BoP, current US$ per square kilometre | 1,354 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.99 BoP, current US$ per square kilometre | -760.97 BoP, current US$ per square kilometre | 1,101 BoP, current US$ per square kilometre | 8 |
| 2000s | 2,527 BoP, current US$ per square kilometre | -3,112 BoP, current US$ per square kilometre | 12,364 BoP, current US$ per square kilometre | 10 |
| 2010s | 3,699 BoP, current US$ per square kilometre | -5,049 BoP, current US$ per square kilometre | 11,155 BoP, current US$ per square kilometre | 10 |
| 2020s | 14,960 BoP, current US$ per square kilometre | -2,698 BoP, current US$ per square kilometre | 42,972 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 44 Panama 19,752 BoP, current US$ per square kilometre compare
- 45 Costa Rica 19,328 BoP, current US$ per square kilometre compare
- 46 Barbados 18,605 BoP, current US$ per square kilometre compare
- 48 Curaçao 16,363 BoP, current US$ per square kilometre compare
- 49 Philippines 11,822 BoP, current US$ per square kilometre compare
- 50 Chile 11,295 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 outflows (bop, current us$), per in Latvia?
- Foreign direct investment, net outflows (bop, current us$), per in Latvia was 16,390 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest foreign direct investment, net outflows (bop, current us$), per recorded in Latvia?
- The highest recorded value was 42,972 BoP, current US$ per square kilometre in 2021.
- What is the lowest foreign direct investment, net outflows (bop, current us$), per recorded in Latvia?
- The lowest recorded value was -5,049 BoP, current US$ per square kilometre in 2018.
- How does Latvia rank for foreign direct investment, net outflows (bop, current us$), per?
- Latvia ranks 47th out of 188 countries with data for 2023.
- Is foreign direct investment, net outflows (bop, current us$), per rising or falling in Latvia?
- Over the last ten years it is up 106.5%. 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 outflows (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Foreign direct investment, net outflows (BoP, current US$) 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 outflows (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Foreign direct investment, net outflows Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Foreign direct investment, net outflows (BoP, current US$) 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.