Total FDI inflows — Value US$, per square kilometre in Latvia

Latvia: Total FDI inflows — Value US$, per square kilometre was 0.0195 million USD per square kilometre in 2023. ◆ Volatile

Latest (2023)
0.0195 million USD per square kilometre
Change on year
down 12.5%
World rank
68th
of 174 countries
All-time high
0.053 million USD per square kilometre
in 2021
All-time low
0.0005 million USD per square kilometre
in 1992
Years of data
32
1992–2023

Total FDI inflows — Value US$, per square kilometre in Latvia, 1992–2023

00.020.040.061992200720231992: 0.001 million USD per square kilometre1993: 0.001 million USD per square kilometre1994: 0.003 million USD per square kilometre1995: 0.003 million USD per square kilometre1996: 0.006 million USD per square kilometre1997: 0.008 million USD per square kilometre1998: 0.006 million USD per square kilometre1999: 0.006 million USD per square kilometre2000: 0.007 million USD per square kilometre2001: 0.002 million USD per square kilometre2002: 0.003 million USD per square kilometre2003: 0.004 million USD per square kilometre2004: 0.01 million USD per square kilometre2005: 0.011 million USD per square kilometre2006: 0.027 million USD per square kilometre2007: 0.037 million USD per square kilometre2008: 0.02 million USD per square kilometre2009: 0.002 million USD per square kilometre2010: 0.006 million USD per square kilometre2011: 0.023 million USD per square kilometre2012: 0.018 million USD per square kilometre2013: 0.014 million USD per square kilometre2014: 0.008 million USD per square kilometre2015: 0.011 million USD per square kilometre2016: 0.004 million USD per square kilometre2017: 0.011 million USD per square kilometre2018: 0.015 million USD per square kilometre2019: 0.014 million USD per square kilometre2020: 0.015 million USD per square kilometre2021: 0.053 million USD per square kilometre2022: 0.022 million USD per square kilometre2023: 0.019 million USD per square kilometre

Source: Statizoid (derived). Measured in million USD per square kilometre.

Analysis

Latvia recorded 0.0195 million USD per square kilometre for total fdi inflows — value us$, per square kilometre in 2023.

That represents a change of down 12.5% on the previous year and up 34.4% over ten years.

Over the whole period, total fdi inflows — value us$, per square kilometre in Latvia peaked at 0.053 million USD per square kilometre in 2021 and was at its lowest, 0.0005 million USD per square kilometre, in 1992.

That places Latvia 68th out of 174 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.

Total FDI inflows — Value US$, per square kilometre in Latvia, year by year

Annual values for Total FDI inflows — Value US$, per square kilometre in Latvia, 1992 to 2023.
Year million USD per square kilometre Change
1992 0.0005 million USD per square kilometre —
1993 0.0007 million USD per square kilometre +40.1%
1994 0.0034 million USD per square kilometre +382.0%
1995 0.0029 million USD per square kilometre -16.1%
1996 0.0061 million USD per square kilometre +114.5%
1997 0.0084 million USD per square kilometre +36.6%
1998 0.0057 million USD per square kilometre -31.9%
1999 0.0056 million USD per square kilometre -2.6%
2000 0.0066 million USD per square kilometre +19.2%
2001 0.0017 million USD per square kilometre -74.5%
2002 0.0034 million USD per square kilometre +99.4%
2003 0.0045 million USD per square kilometre +33.3%
2004 0.0098 million USD per square kilometre +117.4%
2005 0.0113 million USD per square kilometre +16.2%
2006 0.0267 million USD per square kilometre +135.6%
2007 0.0373 million USD per square kilometre +39.7%
2008 0.0203 million USD per square kilometre -45.6%
2009 0.0015 million USD per square kilometre -92.5%
2010 0.0061 million USD per square kilometre +301.0%
2011 0.0233 million USD per square kilometre +283.5%
2012 0.0178 million USD per square kilometre -23.7%
2013 0.0145 million USD per square kilometre -18.7%
2014 0.0083 million USD per square kilometre -42.8%
2015 0.0107 million USD per square kilometre +28.9%
2016 0.004 million USD per square kilometre -62.7%
2017 0.011 million USD per square kilometre +175.2%
2018 0.0154 million USD per square kilometre +40.7%
2019 0.0144 million USD per square kilometre -6.5%
2020 0.0153 million USD per square kilometre +6.4%
2021 0.053 million USD per square kilometre +245.7%
2022 0.0223 million USD per square kilometre -58.1%
2023 0.0195 million USD per square kilometre -12.5%

Latvia compared with similar countries

  • Latvia's 0.0195 million USD per square kilometre is below the median for high income countries, which is 0.0659 million USD per square kilometre, 30% of the median. (61 countries reporting)
  • Latvia's 0.0195 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.036 million USD per square kilometre, 54% of the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0042 million USD per square kilometre 0.0005 million USD per square kilometre 0.0084 million USD per square kilometre 8
2000s 0.0123 million USD per square kilometre 0.0015 million USD per square kilometre 0.0373 million USD per square kilometre 10
2010s 0.0126 million USD per square kilometre 0.004 million USD per square kilometre 0.0233 million USD per square kilometre 10
2020s 0.0275 million USD per square kilometre 0.0153 million USD per square kilometre 0.053 million USD per square kilometre 4

Countries ranked near Latvia

  1. 65 Philippines 0.0208 million USD per square kilometre compare
  2. 66 Gambia 0.0206 million USD per square kilometre compare
  3. 67 Uruguay 0.0196 million USD per square kilometre compare
  4. 69 Sao Tome and Principe 0.0192 million USD per square kilometre compare
  5. 70 Dominica 0.0187 million USD per square kilometre compare
  6. 71 Mexico 0.0185 million USD per square kilometre compare

See the full ranking of 175 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is total fdi inflows — value us$, per square kilometre in Latvia?
Total fdi inflows — value us$, per square kilometre in Latvia was 0.0195 million USD per square kilometre in 2023, according to Statizoid (derived).
What is the highest total fdi inflows — value us$, per square kilometre recorded in Latvia?
The highest recorded value was 0.053 million USD per square kilometre in 2021.
What is the lowest total fdi inflows — value us$, per square kilometre recorded in Latvia?
The lowest recorded value was 0.0005 million USD per square kilometre in 1992.
How does Latvia rank for total fdi inflows — value us$, per square kilometre?
Latvia ranks 68th out of 174 countries with data for 2023.
Is total fdi inflows — value us$, per square kilometre rising or falling in Latvia?
Over the last ten years it is up 34.4%. 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 Total FDI inflows — Value US$, per square kilometre. Statizoid updates them automatically from the source API.

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Total FDI inflows — Value US$, per square kilometre in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://economy.statizoid.com/stat/total-fdi-inflows-value-us-per-square-kilometre/latvia/

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How this figure is calculated

Total FDI inflows — Value 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.

Total FDI inflows — Value US$ ÷ Land area (sq. km)

Computed from

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

Indicator
Total FDI inflows — Value US$, per square kilometre
Unit
million USD per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
175 places, 5,645 data points, 1990–2023
Last refreshed

Total FDI inflows — Value 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.