Data on indicators of activity of foreign affiliates in Latvia are used to obtain information on foreign affiliates in Latvia and to assess financial situation in such enterprises, number of employees and other indicators by kind of economic activity and country.

Definitions

The ability to determine the general policy of an enterprise.

Control exists if the unit, whether directly or indirectly, owns more than half of the shareholders’ voting power or more than half of the shares.

Direct control – direct activities of the head enterprise with the fixed capital of enterprise / legal unit.

Indirect control – control of the enterprise / legal unit trough other company.

Legal and natural persons, who manufactured products, provided services and/or employed persons either during the whole reference period or only during a part of it.

Any entity engaged in economic activity may be considered as an enterprise irrespective of its legal form.

These include self-employed persons and family enterprises that are involved in some craft or pursue another activity as well as partnerships and associations engaged in economic activity. An enterprise may pursue one or several activities at one or at several locations.

27 European Union Member States: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

All countries, excluding Latvia and other European Union Member States.

An enterprise resident in the compiling country i.e. in Latvia, over which an institutional unit not resident in the compiling country has control, or an enterprise not resident in the compiling country over which an institutional unit resident in the compiling country has control.

Statistics describing the overall activity of foreign affiliates.

The controlling institutional unit is resident in a different country from the one where the institutional unit over which it has control is resident.

Purchase of fixed assets (land, buildings, costs of unfinished construction, equipment and machinery, etc. with the term of exploitation of more than one year).

The basic economic decision-making centre characterised by uniformity of behaviours and decision-making autonomy in the execution of its principal function.

Statistics describing the activity of foreign affiliates resident in the compiling economy i.e. in Latvia.

It has statistics on the Latvian company controlled by legal or natural persons, who are not Latvian residents.

Andorra, Antigua and Barbuda, Anguilla, Netherlands Antilles, Barbados, Bahrain, Bermuda, Bahamas, Belize, Cook Islands, Dominica, Grenada, Guernsey, Gibraltar, Honk Kong, Isle of Man, Jersey, Jamaica, St Kitts and Nevis, Cayman Islands, Lebanon, Saint Lucia, Liechtenstein, Liberia, Marshall Islands, Montserrat, Maldives, Nauru, Niue, Panama, Philippines, Singapore, Turks and Caicos Islands, St Vincent and the Grenadines, Virgin Islands (British), Virgin Islands (US).

Total remuneration in cash or in kind which employer pays to an employee as a reward for the work done.

Personnel costs also include employer's social security contributions.

Employees working on the basis of work or enterprise agreement both at main job, and at secondary job, including self-employed natural persons, employers, working family members and persons engaged in entrepreneurship and not employing others.

The volume of actually produced output or services provided, including changes in supply and fixed assets produced for own needs, and excluding purchased goods and services for resale.

Income from the sale of goods and services, for which the enterprise has issued invoices. The VAT and other taxes directly related to sales are not included.

Ultimate controlling institutional unit of a foreign affiliate is the institutional unit, proceeding up a foreign affiliate’s chain of control, which is not controlled by another institutional unit.

In case of large multinational enterprise groups the chain of control could be long and complicated and cover several countries.

Production value from which the value of goods and services used in production is deducted.

Value added shows increase of market value of product, which has arisen in the result of an economic activity.

Data availability

Dissemination format and Release calendar

Classifications

Indicators of activity of foreign affiliates in Latvia are published on the basis of the following classifications:

  • Statistical Classification of Economic Activities in the European Community, Rev. 2 (NACE Rev. 2);
  • Country codes and codes for their subdivisions (ISO 3166-1).

A Classification Catalogue with classification codes and their explanations has been published on the CSB website.

Publications

Download CSB publications on various time periods (starting from 2007) in section E-publications and subscribe for paper publications in section Publications.

Data on all-resident and multinational enterprises are available in the monthly bulletins and in the statistical yearbooks.

Theme Title Release datesort icon ZIP/PDF
General Statistics Key socio-economic indicators in the Baltic states 23.01.2018
General Statistics Key socio-economic indicators in the Baltic states 27.12.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/10 23.11.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/09 23.10.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/08 25.09.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/07 23.08.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/06 24.07.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/05 26.06.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/04 23.05.2017
General Statistics Latvia. Statistics in brief, 2017 08.05.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/03 24.04.2017
General Statistics Key socio-economic indicators in the Baltic states, 2017/02 23.03.2017
General Statistics Statistical yearbook of Latvia, 2016 24.02.2017
General Statistics Key socio-economic indicators in the Baltic states 23.02.2017
General Statistics Monthly bulletin of Latvian statistics 2016/12 08.02.2017

 

Customised data sets

If you would like to obtain statistical data that are not available in publications or in the CSB online data base, please send us an information request:
 - postal mail: 1 Lāčplēša Street, Riga, Latvia, LV-1301;
 - e-mail: info [at] csb [dot] gov [dot] lv;
 - visiting Information centre.

Read more

Data collection

Survey method and source data

Data on indicators of activity of foreign affiliates in Latvia are obtained conducting a full-scope survey. For the survey data from the following sources are used:

  • CSB survey "Report on activities of a foreign affiliate";
  • CSB survey "Complex report on activities";
  • Limited liability company "Lursoft IT" information on foreign investors in the enterprise’s capital;
  • Annual statements submitted to the State Revenue Service – Balance sheet, Profit or Loss Statement;
  • EuroGroups Register information.

Information is collected in breakdown by kind of economic activity according to NACE Rev. 2 and by country of residence of the ultimate controlling institutional unit.

The control is determined based on ownership links at the end of the calendar year.

The ultimate controlling institutional unit may be either a legal person (enterprises, foundations, government institutions, local government institutions, banks, etc.) or a private person (natural person). If the ultimate controlling unit is a legal person then the country of location is the country where the legal person is entered in the register (e.g. Commercial Register). If the ultimate controlling unit is a natural person, then the country of location is the country of permanent residence (country of residence).

Number of enterprises includes economically active Latvian enterprise branches and subsidiaries abroad.

Statistical population

All economically active enterprises and all branches under foreign control.

Data on enterprises engaged in financial intermediation is not included.

Sample size

Year Foreign affiliates in Latvia
2013 6491
2012 5108
2011 4 683
2010 4 144
2009 4 032
2008 3 483

Statistical processing

Calculation methods

Indicators are calculated from data provided by enterprises and information from the State Revenue Service.

Gross capital investment in tangible assets is gross capital investment in purchase of land, gross capital investment in existing buildings and constructions, gross capital investment in construction and reconstruction of buildings and gross capital investment in equipment and appliances.

Production value is turnover or income of self-employed natural persons from economic activity;

+/– change in stocks of finished products and work in progress manufactured by the enterprise;

+/– change in stocks of goods and services purchased for resale in the same condition as received;

– purchase of goods and services purchased for resale in the same condition as received;

+ capitalized production;

+ other operating income from economic activity (excluding subsidies).

Value added is turnover or income of self-employed natural persons from economic activity;

+/– change in stocks of goods and services;

+ capitalized production;

+ other operating income from economic activity;

– purchase of goods and services or expenses of self-employed natural persons for economic activity;

– other taxes on products which are linked to turnover but not deductible;

– taxes and duties linked to production.

Total purchase of goods and services is value of all goods and services purchased in the production process for resale or consumption. Includes raw materials, materials, low-value inventory and other goods or services for insurance of enterprise needs and activity. For self-employed natural persons the part of expenses for economic activity is included.

Personnel costs are calculated: wages and salaries + social insurance costs and social tax paid for self-employed natural persons.

Turnover item of Profit or Loss Statement "net turnover" minus operating subsidies.

Number of employed persons is expressed as an average annual indicators.

Data revision

Published data, if they are not marked as provisional, are final and are not reviewed, excluding cases when significant mistakes are found in enterprise reports.

Comparability

Comparability over time

Data on indicators of foreign affiliates in Latvia are available since 2005.

International comparability

Eurostat

Inward foreign affiliates statistics (FATS) indicators on the EU member states are published in Eurostat homepage section: Statistics/ Industry, trade and services/ Structural Business Statistics/ Database/ Foreign controlled EU enterprises - inward FATS (fats).

http://ec.europa.eu/eurostat

Confidentiality

Confidentiality of the information provided by respondents is protected by the Section 17 of the Statistics Law stipulating rights and obligations of the Central Statistical Bureau of Latvia and other state authorities producing official statistics. Read more

Contact person on methodology

Name Surname Phone number Position Email
Ilona Kallione 67366893 daļas vadītājs Ilona.Kallione@csb.gov.lv

Last update

11.09.2015

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Indicators of activity of Latvian affiliates abroad

Explanation of symbols

-

Magnitude zero

0

Less than half of the unit employed

...

Data not available or too uncertain for presentation

X

Figure not applicable because column heading and stub line make entry impossible, absurd or meaningless

.

Data not released for confidentiality reasons

If data are absolute numbers

0

Magnitude zero