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FDI flow in Lithuania increased by LTL 891.7 mln in Q1

Vilija Lapėnienė, Statistics Lithuania, 02.07.2012.Print version
Statistics Lithuania and the Bank of Lithuania inform that at the end of I quarter 2012, compared to both the end of 2011 and as of 31 March 2011, cumulative foreign direct investment (FDI) in Lithuania and Lithuanian direct investment (DI) abroad increased.

Foreign direct investment in Lithuania

Based on provisional data, the FDI flow in Lithuania in I quarter 2012 amounted to LTL 1.2 billion (4.6% of GDP) and, compared to IV quarter 2011, increased by LTL 891.7 million, i.e. more than 4 times, compared to I quarter 2011 – LTL 654.6 million, i.e. more than 2 times. Such a large increase in FDI flow in Lithuania was determined by changes in the flow from other capital: in I quarter 2012 it was positive, while in the said periods of 2011, other capital was on the decrease. 


Table 1. Foreign direct investment flows in Lithuania*, LTL million

 

I quarter 2012

I quarter 2011

IV quarter 2011

Total

1 172.54

517.94

280.86

Share capital

112.26

66.12

163.15

Reinvestment

721.55

687.06

815.46

Other capital

338.73

–235.24

–697.75

* The release of revised 2009–2012 direct investment data is due in October 2012. 

 

In I quarter 2012, the largest investment came from Poland (LTL 555.4 million), France (LTL 167.1 million), Estonia (LTL 137.5 million), and Sweden (LTL 129.2 million), while the most noticeable decrease in investment observed was in the FDI flow from Thailand (minus LTL 101.3 million) and Malta (minus LTL 75.2 million). 

 

In I quarter 2012, the largest investment was made in manufacturing (LTL 598.2 million), financial and insurance activities (LTL 216.8 million), and electricity, gas, steam and air conditioning supply activities (LTL 171.9 million).

 

As of 31 March 2012, cumulative FDI in Lithuania amounted to LTL 42.9 billion (EUR 12.4 billion). FDI per capita amounted to LTL 13 443 (EUR 3 893) FDI on average.

 

According to 31 March 2012 data, the largest investment was made by Swedish – LTL 7.7 billion (17.9% of the total FDI), Polish – LTL 5.5 billion (12.8%), German investors – LTL 4.4 billion (10.3%). Cumulative FDI in Lithuania from EU-27 countries amounted to LTL 32.3 billion (75.4% of the total FDI), from CIS countries – LTL 2.9 billion (6.8%). 


Table 2. Cumulative foreign direct investment in Lithuania, LTL million

 

31 March 2012

31 March 2011

31 December 2011

Total

42 890.68

35 072.62

37 159.93

Share capital and reinvestment

29 413.50

24 274.71

25 684.17

Other capital

13 477.18

10 797.91

11 475.76


Table 3. Cumulative foreign direct investment by investing country

 

31 March 2012

LTL million

per cent

Total

42 890.68

100.0

Sweden

7 661.85

17.9

Poland

5 475.47

12.8

Germany

4 406.15

10.3

Netherlands

3 848.05

9.0

Russia

2 684.94

6.3

Norway

2 618.22

6.1

Estonia

1 881.99

4.4

Denmark

1 729.01

4.0

Finland

1 722.75

4.0

Canada

1 457.96

3.4

Other

9 404.29

21.8

 

According to 31 March 2012 data, the largest investment was made in manufacturing – 29.1%, financial and insurance activities – 17.5%, wholesale and retail trade; repair of motor vehicles and motorcycles – 11.9% of the total FDI.

 

As for manufacturing, the largest investment was made in the manufacture of refined petroleum products, chemicals and chemical products – LTL 6.6 billion (53.2% of the total FDI in manufacturing), manufacture of basic pharmaceutical products and pharmaceutical preparations – LTL 1.5 billion (12.3%), and manufacture of food products, beverages and tobacco – LTL 1.4 billion (11%). 


Table 4. Cumulative foreign direct investment by economic activity

 

31 March 2012

LTL million

per cent

 

Total

42 890.68

100.0

Manufacturing

12 487.95

29.1

Financial and insurance activities

7 520.74

17.5

Wholesale and retail trade; repair of motor vehicles and motorcycles

5 105.88

11.9

Real estate activities

4 522.45

10.5

Information and communication

3 988.75

9.3

Electricity, gas, steam and air conditioning supply

3 051.74

7.1

Professional, scientific and technical activities

2 064.37

4.8

Construction

1 091.68

2.5

Purchase and sale of real estate

796.03

1.9

Transportation and storage

786.26

1.8

Other

1 474.83

3.6


Lithuanian direct investment abroad

In I quarter 2012, Lithuanian direct investment (DI) flow abroad amounted to LTL 175.6 million. Investment to share capital amounted to LTL 9.4 million, other capital – LTL 153.1 million, reinvestment – LTL 13.1 million. In IV quarter 2011, the DI flow abroad amounted to LTL 111.5 million, while in I quarter 2011 it was on the decrease (amounted to minus LTL 23.2 million).

 

In I quarter 2012, Lithuanian investors invested the most in the Netherlands (LTL 48.1 million), Cyprus (LTL 27.5 million), Belarus (LTL 24.9 million), and Bulgaria (LTL 23.3 million). The largest investment of Lithuanian enterprises abroad was made in professional, scientific and technical activities (LTL 130.9 million), wholesale and retail trade; repair of motor vehicles and motorcycles (LTL 26.4 million), and manufacturing (LTL 25.4 million). 


Table 5. Lithuanian direct investment abroad, LTL million

 

I quarter 2012

I quarter 2011

IV quarter 2011

Total

175.62

–23.23

111.53

Share capital

9.44

91.61

–10.20

Reinvestment

13.10

–14.66

21.63

Other capital

153.08

–100.18

100.10


As of 31 March 2012, cumulative Lithuanian DI abroad amounted to LTL 5.7 billion (EUR 1.7 billion). Over a quarter, it increased by LTL 355.9 million, or 6.6%.

 

According to 31 March 2012 data, the largest investment was made in the Netherlands – LTL 1.6 billion (28.2% of the total Lithuanian DI abroad), Latvia – LTL 858 million (15%), Cyprus – LTL 625.7 million (10.9%). Lithuanian cumulative DI in EU-27 countries amounted to LTL 4.6 billion (79.5% of the total Lithuanian DI abroad), CIS countries – LTL 951.3 million (16.6%). 


Table 6. Lithuanian cumulative direct investment abroad, LTL million

 

31 March 2012

31 March 2011

31 December 2011

Total

5 731.16

5 297.39

5 375.29

Share capital and reinvestment

4 266.73

4 277.98

4 125.56

Other capital

1 464.43

1 019.41

1 249.73


Table 7. Lithuanian cumulative direct investment abroad by country

 

31 March 2012

LTL million

per cent

Total

5 731.16

100.0

Netherlands

1 618.72

28.2

Latvia

858.01

15.0

Cyprus

625.67

10.9

Poland

461.73

8.1

Russia

437.85

7.6

United Kingdom

317.90

5.5

Ukraine

309.41

5.4

Denmark

202.35

3.5

Belarus

200.18

3.5

Bulgaria

152.04

2.7

Other

547.30

9.6

 

The largest investment of Lithuanian enterprises abroad was made in professional, scientific and technical activities – LTL 1.8 billion (31.7% of the total Lithuanian DI abroad), wholesale and retail trade; repair of motor vehicles and motorcycles – LTL 806.9 million (14.1%), financial and insurance activities – LTL 756.8 million (13.2%). 

 

As for manufacturing, the largest investment was made in the manufacture of basic pharmaceutical products and pharmaceutical preparations (40.4% of the total Lithuanian DI in manufacturing), manufacture of food products, beverages and tobacco products (15.7%), manufacture of rubber and plastic products (14.8%). 


Table 8. Lithuanian cumulative direct investment abroad by economic activity

 

31 March 2012

LTL million

per cent

 

Total

5 731.16

100.0

Professional, scientific and technical activities

1 814.72

31.7

Wholesale and retail trade; repair of motor vehicles and motorcycles

806.91

14.1

Financial and insurance activities

756.79

13.2

Manufacturing

674.40

11.8

Real estate activities

635.14

11.1

Transportation and storage

431.00

7.5

Purchase and sale of real estate

169.42

3.0

Construction

149.67

2.6

Information and communication

124.90

2.2

Other

168.21

2.8

 

The provisional statistical information on foreign direct investment in II quarter 2012 is due on 1 October 2012.







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