Total FDI inflows — Value US$, 2015 prices in Latvia
Latvia: Total FDI inflows — Value US$, 2015 prices was 877.96 million USD in 2023. ◆ Volatile
Total FDI inflows — Value US$, 2015 prices in Latvia, 1992–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total fdi inflows — value us$, 2015 prices in Latvia is 877.96 million USD, measured in 2023.
The figure is down 19.2% on the previous year and up 14.2% over ten years.
Over the whole period, total fdi inflows — value us$, 2015 prices in Latvia peaked at 2,598 million USD in 2021 and was at its lowest, 76.78 million USD, in 1992.
Latvia ranks 88th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 552.29 million USD | 76.78 million USD | 1,103 million USD | 8 |
| 2000s | 905.64 million USD | 86.04 million USD | 2,170 million USD | 10 |
| 2010s | 697.53 million USD | 246.47 million USD | 1,236 million USD | 10 |
| 2020s | 1,343 million USD | 807.66 million USD | 2,598 million USD | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
- US dollar per domestic currency (End-of-period (EoP)) 1.94 (2013)
- Gdp worldbank constant usd, annual growth rate 2.14 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.642 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 16,892 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp -4.58 (2025)
Frequently asked questions
- What is total fdi inflows — value us$, 2015 prices in Latvia?
- Total fdi inflows — value us$, 2015 prices in Latvia was 877.96 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total fdi inflows — value us$, 2015 prices recorded in Latvia?
- The highest recorded value was 2,598 million USD in 2021.
- What is the lowest total fdi inflows — value us$, 2015 prices recorded in Latvia?
- The lowest recorded value was 76.78 million USD in 1992.
- How does Latvia rank for total fdi inflows — value us$, 2015 prices?
- Latvia ranks 88th out of 185 countries with data for 2023.
- Is total fdi inflows — value us$, 2015 prices rising or falling in Latvia?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total FDI inflows — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.