Latvia FDI Inflows
Foreign direct investment, net inflows as % of GDP BX.KLT.DINV.WD.GD.ZS
Latvia's fdi inflows was 3.28% in 2025, ranked 85th globally. This represents a 5.2% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Latvia's fdi inflows stood at 3.28% in 2025, a decline of +0.18% from 2024. Based on recent trends, this figure is projected to reach 3.28% by 2025. Latvia ranked 85th globally.
Latvia’s foreign‑direct investment inflows have shown considerable volatility since the series began in 1995, when the country recorded 4.35 % of GDP, yet the most recent figure for 2025 stands at 3.28 % (rank 85 globally). The post‑global‑financial‑crisis trough in 2009, when inflows turned negative at –0.58 %, underscores the sensitivity of the small open economy to external shocks, while the all‑time peak of 9.78 % in 2021 reflects a brief surge of investor confidence, likely driven by the EU’s recovery funds and a strong Baltic export sector. Compared with peers, Latvia’s 2025 inflow is slightly below Poland’s 3.32 % and above Argentina’s 3.20 %, suggesting a modest but competitive position within the region. The next decade will hinge on the country’s ability to sustain reforms that improve the business climate and integrate further into European supply chains, factors that could revive the upward trajectory of FDI inflows.
Data & projection
| Year | FDI Inflows | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.38% | - | - |
| 2026* trend | 2.83% | - | - |
| 2025* trend | 3.28% | - | - |
| 2025 | 3.28% | −0.18% | #85 |
| 2024 | 3.47% | −0.48% | #71 |
| 2023 | 3.95% | +0.74% | #58 |
| 2022 | 3.20% | −6.58% | #86 |
| 2021 | 9.78% | +6.97% | #25 |
| 2020 | 2.81% | −0.56% | #69 |
| 2019 | 3.37% | +2.05% | #81 |
| 2018 | 1.32% | −2.73% | #139 |
| 2017 | 4.05% | +2.81% | #69 |
| 2016 | 1.24% | −1.85% | #141 |
| 2015 | 3.09% | −0.37% | #86 |
| 2014 | 3.45% | +0.06% | #80 |
| 2013 | 3.39% | −0.59% | #94 |
| 2012 | 3.99% | −1.73% | #81 |
| 2011 | 5.72% | +3.69% | #62 |
Detected Pattern
Analysis
Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw fdi inflows improve within 24 months. View full analysis →
Frequently Asked Questions
Latvia's fdi inflows was 3.28% in 2025. Ranked 85th globally. This represents a 5.2% decrease from the previous year.
Latvia's fdi inflows peaked at 9.78% in 2021.
The lowest fdi inflows in Latvia was -0.58% in 2009.
Latvia ranks 85th globally in fdi inflows as of 2025.
The World Bank indicator code is BX.KLT.DINV.WD.GD.ZS. Data sourced from World Bank.
Latvia's fdi inflows is projected to reach 3.28% by 2025 based on trend extrapolation.
The fdi inflows of Latvia in 2025 was 3.28%. This ranks 85th in the world.
Cite this page
@misc{historysaid_latvia_fdi-inflows,
title = {Latvia FDI Inflows},
url = {https://historysaid.com/latvia/fdi-inflows/},
publisher = {HistorySaid},
year = {2026}
}