Indicators of activity of Latvian affiliates abroad
Data on indicators of activity of Latvian affiliates abroad are used to obtain information on the number of such enterprises, number of employees and turnover abroad in breakdown by kind of economic activity and region.
Termini un definīcijas
Ultimate controlling institutional unit of a foreign affiliate
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.
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.
The controlling institutional unit is resident in a different country from the one where the institutional unit over which it has control is resident.
Foreign affiliates statistics
Foreign Affiliates Statistics (FATS)
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.
Economically active enterprises
Persons employed [structural business indicators]
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.
European Union (excl. Latvia)
Extra European Union countries
Offshore Financial Centres
Data collection and statistical processing
Survey method and data source
Data on indicators of activity of Latvian affiliates abroad are obtained conducting a full-scope survey. For the survey data from the following source are used:
- CSB survey "Report on activities of a foreign affiliate";
- Lursoft IT Ltd. data on Europe business register.
All economically active Latvian enterprises with a subsidiaries or branches abroad.
|Year||Latvian foreign affiliates|
Turnover item of Profit or Loss Statement "net turnover" minus operating subsidies.
Number of employed persons is expressed as an average annual indicators.
Data on indicators of activity of Latvian affiliates abroad are published on the basis of the following classifications:
- Statistical Classification of Economic Activities in the European Community (NACE Rev. 2);
- Country codes and codes for their subdivisions (ISO 3166-1).