Total FDI outflows — Value US$, gaps filled in Latvia

Latvia: Total FDI outflows — Value US$, gaps filled was 581.72 million USD in 2023. ◆ Volatile

Latest (2023)
581.72 million USD
Change on year
up 886.5%
World rank
63rd
of 184 countries
All-time high
2,239 million USD
in 2021
All-time low
-96.27 million USD
in 2019
Years of data
32
1992–2023

Total FDI outflows — Value US$, gaps filled in Latvia, 1992–2023

05001.0k1.5k2.0k1992200720231992: 2.3 million USD1993: -4.8 million USD1994: -63.3 million USD1995: -66.3 million USD1996: 3 million USD1997: 6.1 million USD1998: 54.6 million USD1999: 16.7 million USD2000: 12.2 million USD2001: 14.1 million USD2002: 2.7 million USD2003: 45.3 million USD2004: 104.8 million USD2005: 128.1 million USD2006: 170.6 million USD2007: 369.2 million USD2008: 243.6 million USD2009: -62.3 million USD2010: 19 million USD2011: 61.3 million USD2012: 192.5 million USD2013: 411.7 million USD2014: 500.8 million USD2015: 106.5 million USD2016: 148.3 million USD2017: 127.7 million USD2018: 205.5 million USD2019: -96.3 million USD2020: 183.9 million USD2021: 2.2k million USD2022: 59 million USD2023: 581.7 million USD

Source: Statizoid (derived). Measured in million USD.

Analysis

The most recent figure for total fdi outflows — value us$, gaps filled in Latvia is 581.72 million USD, measured in 2023.

The figure is up 886.5% on the previous year and up 41.3% over ten years.

Over the whole period, total fdi outflows — value us$, gaps filled in Latvia peaked at 2,239 million USD in 2021 and was at its lowest, -96.27 million USD, in 2019.

Latvia ranks 63rd of 184 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.

Total FDI outflows — Value US$, gaps filled in Latvia, year by year

Annual values for Total FDI outflows — Value US$, gaps filled in Latvia, 1992 to 2023.
Year million USD Change
1992 2.3 million USD —
1993 -4.81 million USD -309.2%
1994 -63.29 million USD +1215.6%
1995 -66.26 million USD +4.7%
1996 2.98 million USD -104.5%
1997 6.09 million USD +104.4%
1998 54.6 million USD +797.2%
1999 16.67 million USD -69.5%
2000 12.2 million USD -26.8%
2001 14.12 million USD +15.7%
2002 2.68 million USD -81.0%
2003 45.28 million USD +1588.2%
2004 104.76 million USD +131.4%
2005 128.1 million USD +22.3%
2006 170.62 million USD +33.2%
2007 369.24 million USD +116.4%
2008 243.62 million USD -34.0%
2009 -62.28 million USD -125.6%
2010 19.05 million USD -130.6%
2011 61.3 million USD +221.9%
2012 192.51 million USD +214.0%
2013 411.71 million USD +113.9%
2014 500.84 million USD +21.6%
2015 106.51 million USD -78.7%
2016 148.32 million USD +39.3%
2017 127.65 million USD -13.9%
2018 205.49 million USD +61.0%
2019 -96.27 million USD -146.9%
2020 183.89 million USD -291.0%
2021 2,239 million USD +1117.5%
2022 58.97 million USD -97.4%
2023 581.72 million USD +886.5%

Latvia compared with similar countries

  • Latvia's 581.72 million USD is below the median for high income countries, which is 1,178 million USD, 49% of the median. (59 countries reporting)
  • Latvia's 581.72 million USD is below the median for Europe & Central Asia, which is 755.46 million USD, 77% of the median. (42 countries reporting)

Biggest year-on-year movements

Years where Total FDI outflows — Value US$, gaps filled 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.

YearChange FromTo
2003 +1588.2% 2.68 million USD 45.28 million USD
1994 -1215.6% -4.81 million USD -63.29 million USD
2021 +1117.5% 183.89 million USD 2,239 million USD

Averages by decade

DecadeAverage LowestHighest Years
1990s -6.47 million USD -66.26 million USD 54.6 million USD 8
2000s 102.83 million USD -62.28 million USD 369.24 million USD 10
2010s 167.71 million USD -96.27 million USD 500.84 million USD 10
2020s 765.88 million USD 58.97 million USD 2,239 million USD 4

Countries ranked near Latvia

  1. 60 Bulgaria 598.37 million USD compare
  2. 61 Papua New Guinea 595.86 million USD compare
  3. 62 Kenya 587.54 million USD compare
  4. 64 Slovenia 540.38 million USD compare
  5. 65 Panama 473.6 million USD compare
  6. 66 Bahamas 418.96 million USD compare

See the full ranking of 214 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is total fdi outflows — value us$, gaps filled in Latvia?
Total fdi outflows — value us$, gaps filled in Latvia was 581.72 million USD in 2023, according to Statizoid (derived).
What is the highest total fdi outflows — value us$, gaps filled recorded in Latvia?
The highest recorded value was 2,239 million USD in 2021.
What is the lowest total fdi outflows — value us$, gaps filled recorded in Latvia?
The lowest recorded value was -96.27 million USD in 2019.
How does Latvia rank for total fdi outflows — value us$, gaps filled?
Latvia ranks 63rd out of 184 countries with data for 2023.
Is total fdi outflows — value us$, gaps filled rising or falling in Latvia?
Over the last ten years it is up 41.3%. 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 outflows — Value US$, gaps filled. Statizoid updates them automatically from the source API.

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Total FDI outflows — Value US$, gaps filled in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/total-fdi-outflows-value-us-gaps-filled/latvia/

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How this figure is calculated

Total FDI outflows — Value US$ with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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 outflows — Value US$, gaps filled
Unit
million USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 6,172 data points, 1990–2023
Last refreshed

Total FDI outflows — Value US$ with 95 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.