FDI inflows to Food, Beverages and Tobacco — Value US$ in Latvia

Latvia: FDI inflows to Food, Beverages and Tobacco — Value US$ was 54.76 million USD in 2022. ◆ Volatile

Latest (2022)
54.76 million USD
Change on year
up 65.3%
World rank
31st
of 59 countries
All-time high
131.09 million USD
in 2018
All-time low
-49.15 million USD
in 2014
Years of data
23
2000–2022

FDI inflows to Food, Beverages and Tobacco — Value US$ in Latvia, 2000–2022

-500501001502000201120222000: 19.5 million USD2001: -2.8 million USD2002: 0.405 million USD2003: 20.6 million USD2004: 34.6 million USD2005: 13.3 million USD2006: 21.1 million USD2007: 24.7 million USD2008: 29.8 million USD2009: -5.3 million USD2010: 22.6 million USD2011: 34.9 million USD2012: 17.4 million USD2013: 21.2 million USD2014: -49.2 million USD2015: -28.8 million USD2016: -16.6 million USD2017: -37.3 million USD2018: 131.1 million USD2019: 13.4 million USD2020: 28.6 million USD2021: 33.1 million USD2022: 54.8 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2022, fdi inflows to food, beverages and tobacco — value us$ in Latvia stood at 54.76 million USD.

Compared with earlier readings it is up 65.3% on the previous year and up 215.2% over ten years.

Over the whole period, fdi inflows to food, beverages and tobacco — value us$ in Latvia peaked at 131.09 million USD in 2018 and was at its lowest, -49.15 million USD, in 2014.

That places Latvia 31st out of 59 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

FDI inflows to Food, Beverages and Tobacco — Value US$ in Latvia, year by year

Annual values for FDI inflows to Food, Beverages and Tobacco — Value US$ in Latvia, 2000 to 2022.
Year million USD Change
2000 19.46 million USD
2001 -2.79 million USD -114.3%
2002 0.4047 million USD -114.5%
2003 20.56 million USD +4981.3%
2004 34.63 million USD +68.4%
2005 13.27 million USD -61.7%
2006 21.06 million USD +58.7%
2007 24.73 million USD +17.4%
2008 29.81 million USD +20.5%
2009 -5.34 million USD -117.9%
2010 22.62 million USD -523.6%
2011 34.91 million USD +54.3%
2012 17.37 million USD -50.2%
2013 21.25 million USD +22.3%
2014 -49.15 million USD -331.3%
2015 -28.85 million USD -41.3%
2016 -16.6 million USD -42.4%
2017 -37.28 million USD +124.5%
2018 131.09 million USD -451.6%
2019 13.43 million USD -89.8%
2020 28.55 million USD +112.6%
2021 33.12 million USD +16.0%
2022 54.76 million USD +65.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.58 million USD -5.34 million USD 34.63 million USD 10
2010s 10.88 million USD -49.15 million USD 131.09 million USD 10
2020s 38.81 million USD 28.55 million USD 54.76 million USD 3

Countries ranked near Latvia

  1. 28 Estonia 74.81 million USD compare
  2. 29 Lithuania 71.57 million USD compare
  3. 30 Bulgaria 55.86 million USD compare
  4. 32 Sri Lanka 49.6 million USD compare
  5. 33 Cyprus 46.33 million USD compare
  6. 34 Cambodia 45.82 million USD compare

See the full ranking of 62 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is fdi inflows to food, beverages and tobacco — value us$ in Latvia?
Fdi inflows to food, beverages and tobacco — value us$ in Latvia was 54.76 million USD in 2022, according to Food and Agriculture Organization of the United Nations.
What is the highest fdi inflows to food, beverages and tobacco — value us$ recorded in Latvia?
The highest recorded value was 131.09 million USD in 2018.
What is the lowest fdi inflows to food, beverages and tobacco — value us$ recorded in Latvia?
The lowest recorded value was -49.15 million USD in 2014.
How does Latvia rank for fdi inflows to food, beverages and tobacco — value us$?
Latvia ranks 31st out of 59 countries with data for 2022.
Is fdi inflows to food, beverages and tobacco — value us$ rising or falling in Latvia?
Over the last ten years it is up 215.2%. 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 FDI inflows to Food, Beverages and Tobacco — Value US$. Statizoid updates them automatically from the source API.

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FDI inflows to Food, Beverages and Tobacco — Value US$ in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://agriculture.statizoid.com/stat/fdi-inflows-to-food-beverages-and-tobacco-value-us/latvia/

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About this data

Indicator
FDI inflows to Food, Beverages and Tobacco — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
62 places, 1,142 data points, 2000–2023
Last refreshed

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.