Direct investment in Q2 2022
Direct Investment in Q2 2022 (Joint press release by the Bank of Lithuania and Statistics Lithuania).
The Bank of Lithuania and Statistics Lithuania published provisional data on direct investment (DI) for Q2 2022. When calculating the data for Q2 2022, data for Q1 2021-Q1 2022 were revised. According to the latest data release:
the flow of foreign direct investment (FDI) in Lithuania amounted to €709.9 million in Q2 2022. The bulk of the flow resulted from lending to direct investors (€2 billion). During the reporting period, negative reinvested earnings were recorded (€1.4 billion), affected by €2.2 billion of dividends paid to investors. The largest positive investment flows to Lithuania were observed from the UK (€479.5 million) and Switzerland (€146.2 million), while negative flows came from Hong Kong (€343.9 million). FDI from Russia fell by -€16.5 million in Q2 2022, amounted to €1 million in Q1 and shrank by -€27.4 million over the whole of 2021;
FDI income by non-residents amounted to €743.4 million. The largest share of FDI income was earned by the UK (€164.9 million), Estonian (€118.6 million) and Swedish (€116.4 million) investors. Over 2021, FDI income increased by 46% to €2.9 billion (see Chart 1);
as at 30 June 2022, cumulative FDI in Lithuania amounted to €28.3 billion and increased by 10.4%, compared with Q1 2022, accounting for 46.9% of GDP. FDI per capita in Lithuania amounted to an average of €10,013. At the end of Q2 2022, the largest investors in Lithuania included Germany (€5.5 billion), Sweden (€3 billion) and Estonia (€2.9 billion). The largest share of FDI was attracted by companies engaged in financial and insurance activities (€10 billion) and manufacturing (€4.4 billion);
the flow of Lithuania’s DI abroad totalled €29.7 million over the reporting period. Compared to previous years, the flow of Lithuania’s DI abroad declined 2.2 times in 2021;
DI income earned by Lithuanian investors abroad was negative and amounted to €30.3 million in Q2 2022. During the reporting period, Lithuanian investors received €37.2 million in dividends, but losses incurred by companies had an impact on total income (see Chart 2). In 2021, DI income increased by 19.9% and amounted to €336 million;
Lithuania’s cumulative DI abroad grew by 8.6% year on year and stood at €10.3 billion on 30 June 2022. Major directions of Lithuania’s DI abroad: the US (€4.3 billion), Latvia (€1.7 billion) and Estonia (€1.3 billion). Lithuania’s DI in Russia amounted to €131 million and in Belarus – €160.7 million.
|Chart 1. Non-resident FDI income|
Chart 2. Lithuania’s DI income abroad
Detailed data on DI is available on the Bank of Lithuania website under External Sector Statistics. Use the My Datasets tool to create your own data sets, which are saved in your account and automatically updated as soon as they are published.
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