Non-financial investment in Latvia in 2006
Non-financial investment* in Latvia in 2005 was 1819.1 mln lats, an increase of 14% on 2004, according to the Central Statistical Bureau. Non-financial investments in the public sector totalled 595.4 mln lats (33% of the total non-financial investment value), up by 6% on 2004. 1223.7 mln lats (67% of the total value) were, in turn, invested in the private sector in 2005, an increase of 18% compared to 2004.
Technological machinery and equipment accounted for 38% or 683.0 mln lats of the total non-financial investment.
601.8 mln lats or 33% of the total non-financial investment value went to industry. The manufacture of food products and beverages accounted for 90.8 mln lats or 15% of the total non-financial investment in industry followed by 87.7 mln lats or 15% in the manufacture of wood and products of wood except furniture, 32.7 mln lats or 5% in the manufacture of basic metals, 23.1 mln lats or 4% in the manufacture of other non-metallic mineral products (ceramic, cement, concrete and other products), 18.8 mln lats (3%) in publishing, printing and reproduction of recorded media and 16.0 mln lats or 3% in the manufacture of furniture and manufacturing n.e.c.
274.6 mln lats or 15% of the total non-financial investment went to the sector of transport, storage and communications, a decrease of 9% compared to 2004.
251.7 mln lats or 14% were invested in wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods, an increase of 11% compared to 2004.
*Non-financial investment includes long-term investment in intangible fixed assets and investment in tangible fixed assets (purchase, reconstruction or own account new construction).
Prepared by the Investment and Real Estate Statistics Section