Non-financial investment in Latvia in the 3rd quarter of 2010

08.12.2010

Non-financial investment* (at current prices) in Latvia in January – September 2010 comprised LVL 823.4 mln, of which in the 3rd quarter LVL 384.9 mln, according to the data of the Central Statistical Bureau.

Compared to the corresponding period of 2009, non financial investment in nine months of 2010 reduced by 30.0%, of which in 3rd quarter they diminished by 3.6%, if compared to the corresponding period of previous year.

In the 3rd quarter of 2010 investments in residential and other buildings accounted for 54.3% of total non-financial investment or LVL 209.0 mln, 29.8% or LVL 114.7 mln were invested in technological machinery and equipment, 13.9% or LVL 53.4 mln - in other fixed assets and inventories, 2.0% or LVL 7.8 mln - in long-term investment in intangible fixed assets.

In 3rd quarter of 2010 31.2% of total volume of financial investment or LVL 120.1 mln were invested in industry, LVL 93.9 mln or 24.4% - in public administration and defence; compulsory social security sector, but in transport and storage sector – LVL 58.3 mln or 15.1%.

Non-financial investment by main kind of economic activity

 

Total

(at current prices,

mln LVL)

9 months of 2010

at constant prices as % of 9 months of 2009

3rd quarter of 2010 at constant prices as % of

3rd quarter of 2009

9 months of 2010

3rd quarter of 2010

Total

823.4

384.9

70.0

96.4

of which:

 

 

 

 

agriculture, forestry and fishing

36.2

18.2

65.5

86.0

industry

260.5

120.1

73.6

83.9

of which:

 

 

 

 

manufacturing

141.5

55.2

80.5

87.8

construction

11.4

5.2

44.4

76.3

wholesale and retail trade; repair of motor vehicles and motorcycles

56.4

20.5

56.3

80.0

transport and storage

104.8

58.3

81.8

141.0

information and communication

61.2

18.4

95.2

84.3

public administration and defence; compulsory social security

172.2

93.9

67.5

119.6

*Non-financial investment includes long-term intangible investments (development costs, concessions, patents, licenses, trade marks and similar rights), investment in residential buildings, other structures and buildings, long-term greeneries, technological machinery and equipment, other fixed assets and stock, as well as formation of fixed assets and costs of unfinished construction objects and major repair.


More information on non-financial investments in Latvia is available in the CSB data bases.

 

Prepared by the Investment and Real Estate Statistics Section
Tel. 67366857
Arvīds Uibo