Today the Bank of Lithuania and Statistics Lithuania published provisional data on direct investment (DI) and Foreign Direct Investment for Q3 2019. According to the latest data release:
The flow of foreign direct investment (FDI) in Lithuania amounted to €573.1 million in Q3 2019, a year-on-year increase of 20.8%. Reinvestments accounted for 73.2% of total FDI (€419.7 million). The largest investment inflows came from Luxembourg (€143.7 million), Sweden (€126.1 million) and Poland (€121 million). The largest negative investment flows came from Hong Kong (-€46.4 million) and Australia (-€34.8 million). In terms of activity, the largest investment inflows were directed to manufacturing companies (€212 million) and companies engaged in financial and insurance activities (€141 million), while the largest negative flows were directed to companies engaged in professional, scientific and technical activities (-€18.2 million).
FDI income from non-resident investment amounted to €496 million in Q3 2019, a year-on-year decrease of 14.5% (see Chart 1). The largest share of FDI income consisted of reinvestments.
Cumulative FDI in Lithuania amounted to €18.2 billion, or 38.2% of GDP, as at 30 September 2019. FDI per capita amounted to an average of €6,509 (as at 30 September 2018 – €6,088). The largest FDI in Lithuania came from Sweden (€3.1 billion), Estonia (€3 billion) and the Netherlands (€2.5 billion) (see Chart 2). As at 30 September 2019 companies engaged in financial and insurance activities were predominantly financed by investments from Sweden and Estonia.
Due to an increase in debt instruments and reinvestment, the flow of Lithuania’s DI abroad amounted to €43.4 million in Q3 2019. The largest investment flows were directed to Estonia (€36.4 million). In terms of activity, the largest investment flows were directed to companies engaged in professional, scientific and technical activities (€41.5 million).
DI income earned by Lithuanian investors abroad amounted to €31.9 million in Q3 2019. DI in Latvia accounted for the largest share of DI income (€16.6 million).
Lithuania’s cumulative DI abroad amounted to €4.2 billion as at 30 September 2019. Lithuania’s DI in EU Member States accounted for 88.9%, in euro area countries – 71.1% of Lithuania’s total DI abroad.
Chart 1. Non-resident FDI income in Lithuania
Chart 2. Cumulative FDI in Lithuania. Top-10 countries
