Foreign direct investment in Lithuania
In I quarter 2015, based on provisional data, the positive FDI flow in Lithuania amounted to EUR 220.8 million (2.7% of GDP), which shows an increase in investment in Lithuania. The increase in FDI was determined by an increase in reinvestment and investment in equity instruments by non-residents (EUR 139.7 million and EUR 128.4 million respectively). In the reference period, as well as in I and IV quarters of 2014, investment in debt instruments was on the decrease and its flow amounted to minus EUR 47.3 million.
In I quarter 2015, the largest increase was observed in FDI from Switzerland (EUR 244.5 million), Sweden (EUR 70.2 million), the Netherlands (EUR 52.5 million) and Germany (EUR 35.1 million), while the largest decrease was observed in FDI from Cyprus (minus EUR 221.9 million), Poland (minus EUR 35.3 million), Latvia and Finland (minus EUR 8.8 million each).
Over I quarter 2015, the largest investment was made in manufacturing (EUR 137.1 million), wholesale and retail trade, repair of motor vehicles and motorcycles (EUR 97.3 million), while the largest decrease was observed for investment in financial and insurance activities (minus EUR 62.3 million), administrative and support service activities (minus EUR 26.4 million).
As of 31 March 2015, cumulative FDI in Lithuania amounted to EUR 12.5 billion. Against the respective period of 2014, it decreased by EUR 76.4 million (0.6%). FDI per capita amounted to, on average, EUR 4 279, as of 31 December 2014, EUR 4 135.
According to the data of 31 March 2015, the largest investment in Lithuania was made by Swedish – EUR 3.3 billion (26.5%), Dutch – EUR 1.3 billion (10.4%), German – EUR 1.2 billion (9.2%), Norwegian – EUR 838.6 million (6.7%), Polish – EUR 658.7 million (5.3%), and Finnish – EUR 645 million (5.2% of the total FDI) investors. Cumulative FDI in Lithuania from the EU member states amounted to EUR 10.3 billion (82.6%), from the euro area countries – EUR 5.5 billion (44.3%), from the CIS countries – EUR 252 million (2% of the total FDI).
According to the data of 31 March 2015, the largest investment was made in financial and insurance activities – 23.8, manufacturing – 21.2, real estate activities – 14, wholesale and retail trade, repair of motor vehicles and motorcycles – 12.4, information and communication – 9.1% of the total FDI. In manufacturing, the largest investment was made in the manufacture of refined petroleum products, chemicals and chemical products and pharmaceutical preparations – EUR 1.2 billion (45.8%), the manufacture of food products, beverages and tobacco products – EUR 314.5 million (11.9% of the total FDI in manufacturing).
Lithuanian direct investment abroad
In I quarter 2015, an increase in Lithuanian direct investment (DI) abroad was observed, which amounted to EUR 76.8 million. The increase was determined by an increase in investment in debt instruments and equity instruments, the flows of which amounted to EUR 47.4 million and EUR 30.2 million respectively. In IV quarter 2014, Lithuanian DI flow abroad decreased by EUR 95 million.
In I quarter 2015, the fastest growth in Lithuanian DI was observed in Estonia (EUR 27.2 million) and Latvia (EUR 25.7 million), by economic activity – in purchase and sale of real estate (EUR 63.2 million), wholesale and retail trade, repair of motor vehicles and motorcycles (EUR 21.6 million). An insignificant drop in Lithuanian DI was observed in Georgia (minus EUR 3 million), Germany (minus EUR 2.7 million) and Ukraine (minus EUR 2 million), by economic activity – in transportation and storage (minus EUR 10.3 million) and financial and insurance activities (minus EUR 4.7 million).
As of 31 March 2015, Lithuanian cumulative DI abroad amounted to EUR 2.3 billion. Over the last four quarters, its sum abroad increased by EUR 37 million, or by 1.6%. Lithuanian cumulative DI to the EU member states amounted to EUR 2.1 billion (91.1%), to the euro area countries – EUR 1.7 billion (74.2%), to the CIS countries – EUR 187 million (8.1% of the total Lithuanian DI abroad).
According to the data of 31 March 2015, the largest investment was made in Luxembourg – (data are not revealed due to the confidentiality requirement), the Netherlands – EUR 459.8 million (20%), Latvia – EUR 318 million (13.8%), Poland – EUR 303.9 million (13.2%), Cyprus – EUR 204.2 million (8.9% of the total Lithuania DI abroad).
The largest investment abroad was made by Lithuanian investors in professional, scientific and technical activities – EUR 1.2 billion (50.7%), manufacturing – EUR 414.1 million (18%), wholesale and retail trade, repair of motor vehicles and motorcycles – EUR 214.2 million (9.3%), real estate activities – EUR 118.2 million (5.1% of the total Lithuanian DI abroad).
In manufacturing, the largest investment was made in the manufacture of refined petroleum products, chemicals and chemical products and pharmaceutical preparations (84.4% of the total Lithuanian DI in manufacturing abroad).
More detailed statistical information on cumulative FDI in Lithuania and Lithuanian DI abroad broken down by country and economic activity is provided in the Annex.
Concepts
Equity instruments refers to company's equity capital comprised of equity securities, shares of investment funds, other assets (e.g. real estate), reinvestment, reserves included in equity capital.
Reinvestments refers to the proportion of direct investor's profit not distributed by subsidiary or partner companies in the form of dividend and profit of branches not transferred to the direct investor.
Debt instruments refers to financial instruments when it is obligatory to return the principal sum in the future and/or pay interest. It includes loans, debt securities, trade credits and advance payments, other amounts payable and receivable.
