Foreign direct investment, net outflows in Latvia
Latvia: Foreign direct investment, net outflows was 0.7% in 2025. ◆ Volatile
Foreign direct investment, net outflows in Latvia, 1995–2025
Source: 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. Measured in % of GDP.
Analysis
The most recent figure for foreign direct investment, net outflows in Latvia is 0.7%, measured in 2025.
Compared with earlier readings it is up 11.8% on the previous year and up 19.3% over ten years.
Over the whole period, foreign direct investment, net outflows in Latvia peaked at 7.0% in 2021 and was at its lowest, -0.9%, in 2018.
That places Latvia 69th out of 191 countries with data for 2025, 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 outflows in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | -0.0% | — |
| 1996 | -0.8% | +8150.7% |
| 1997 | -0.6% | -21.7% |
| 1998 | 1.0% | -253.5% |
| 1999 | 0.2% | -75.7% |
| 2000 | 0.1% | -62.7% |
| 2001 | 1.0% | +1053.1% |
| 2002 | -0.5% | -149.1% |
| 2003 | 0.8% | -251.2% |
| 2004 | 0.6% | -19.5% |
| 2005 | 1.4% | +125.0% |
| 2006 | 1.0% | -24.9% |
| 2007 | 2.6% | +151.5% |
| 2008 | 1.0% | -61.6% |
| 2009 | -0.8% | -175.1% |
| 2010 | 0.4% | -158.1% |
| 2011 | 0.4% | -7.4% |
| 2012 | 0.6% | +46.6% |
| 2013 | 1.7% | +184.8% |
| 2014 | 2.3% | +35.3% |
| 2015 | 0.5% | -76.1% |
| 2016 | 0.9% | +65.5% |
| 2017 | 2.0% | +117.0% |
| 2018 | -0.9% | -148.1% |
| 2019 | 0.3% | -128.5% |
| 2020 | 0.6% | +119.9% |
| 2021 | 7.0% | +1082.6% |
| 2022 | -0.4% | -106.3% |
| 2023 | 2.4% | -639.7% |
| 2024 | 0.6% | -75.5% |
| 2025 | 0.7% | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.0% | -0.8% | 1.0% | 5 |
| 2000s | 0.7% | -0.8% | 2.6% | 10 |
| 2010s | 0.8% | -0.9% | 2.3% | 10 |
| 2020s | 1.8% | -0.4% | 7.0% | 6 |
Countries ranked near Latvia
- 66 Madagascar 0.8% compare
- 67 Saint Lucia 0.7% compare
- 68 Georgia 0.7% compare
- 70 Mexico 0.6% compare
- 71 Bosnia and Herzegovina 0.6% compare
- 72 Bahrain 0.6% compare
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment, net outflows in Latvia?
- Foreign direct investment, net outflows in Latvia was 0.7% in 2025, according to 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.
- What is the highest foreign direct investment, net outflows recorded in Latvia?
- The highest recorded value was 7.0% in 2021.
- What is the lowest foreign direct investment, net outflows recorded in Latvia?
- The lowest recorded value was -0.9% in 2018.
- How does Latvia rank for foreign direct investment, net outflows?
- Latvia ranks 69th out of 191 countries with data for 2025.
- Is foreign direct investment, net outflows rising or falling in Latvia?
- Over the last ten years it is up 19.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from 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, published as part of Foreign direct investment, net outflows (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.