Bank of Lithuania, Secure Nordic, project, Commission, SEB

Foreign Direct investment grew in Lithuania and abroad

Direct Investment In Q2 2019 (Joint Press Release by the Bank of Lithuania and Statistics Lithuania).

According to the latest data release, the flow of foreign direct investment (FDI) in Lithuania amounted to €419.2 million in Q2 2019, increasing 3.1 times year on year. FDI income from non-resident investment amounted to €636.7 million in Q2 2019, a year-on-year increase of 18.3%. The largest share of FDI income consisted of dividends. Cumulative FDI in Lithuania amounted to €17.4 billion, or 37.2% of GDP, as at 30 June 2019. FDI per capita amounted to an average of €6,238.

It should be noted that, when calculating data for Q2 2019, data for Q1 2004-Q1 2019 were revised.

Thomas Garbaravičius, Member of the Board of the Bank of Lithuania.
Thomas Garbaravičius

For more detailed direct investment statistics for Q2 2019, see the Statistical Release below.

Today the Bank of Lithuania and Statistics Lithuania published provisional data on direct investment (DI) for Q2 2019. According to the latest data release:

the flow of foreign direct investment (FDI) in Lithuania amounted to €419.2 million in Q2 2019, increasing 3.1 times year on year. The largest investment inflows came from Estonia (€189.5 million), Finland (€73.1 million) and France (€64.7 million). The largest negative investment flows came from the UK (−€45.5 million), Poland (−€42.5 million) and Cyprus (−€39.1 million). In terms of activity, the largest investment inflows were directed to companies engaged in professional, scientific and technical activities (€112.9 million) as well as wholesale and retail trade, repair of motor vehicles and motorcycles companies (€107.6 million), while the largest negative flows were directed to manufacturing companies (−€86.8 million);

FDI income from non-resident investment amounted to €636.7 million in Q2 2019, a year-on-year increase of 18.3% (see Chart 1). The largest share of FDI income consisted of dividends;
cumulative FDI in Lithuania amounted to €17.4 billion, or 37.2% of GDP, as at 30 June 2019. FDI per capita amounted to an average of €6,238 (as at 30 June 2018 – €5,940). The largest amount of cumulative FDI in Lithuania came from Sweden (€3 billion), Estonia (€2.8 billion) and the Netherlands (€2.5 billion) (see Chart 2);
the flow of Lithuania’s DI abroad amounted to €44.3 million in Q2 2019. The largest investment flows were directed to Malta (€38 million), Belarus (€9 million) and Latvia (€7.6 million). The largest investment was made in companies engaged in professional, scientific and technical activities (€44.8 million);
DI income earned by Lithuanian investors abroad amounted to €50 million in Q2 2019.
Reinvestments accounted for the largest share of DI income (€30.9 million);
Lithuania’s cumulative DI abroad amounted to €4.1 billion as at 30 June 2019. Lithuania’s DI in EU Member States accounted for 88.9%, in euro area  countries – 70.5% of Lithuania’s total DI abroad.

It should be noted that, when calculating data for Q2 2019, data for Q1 2004-Q1 2019 were revised.

Detailed data on direct investment is available on the Bank of Lithuania website (under External statistics)

For detailed foreign direct investment data broken down by country and economic activity, see the section Statistics on the Bank of Lithuania’s website. Information about direct investment is also presented in the section Official Statistics Portal of Statistics Lithuania.