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 per cent 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 per cent of the total FDI), Polish – LTL 5.5 billion (12.8 per cent), German investors – LTL 4.4 billion (10.3 per cent). Cumulative FDI in Lithuania from EU-27 countries amounted to LTL 32.3 billion (75.4 per cent of the total FDI), from CIS countries – LTL 2.9 billion (6.8 per cent).
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 per cent, financial and insurance activities – 17.5 per cent, wholesale and retail trade; repair of motor vehicles and motorcycles – 11.9 per cent 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 per cent of the total FDI in manufacturing), manufacture of basic pharmaceutical products and pharmaceutical preparations – LTL 1.5 billion (12.3 per cent), and manufacture of food products, beverages and tobacco – LTL 1.4 billion (11 per cent).
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 per cent.
According to 31 March 2012 data, the largest investment was made in the Netherlands – LTL 1.6 billion (28.2 per cent of the total Lithuanian DI abroad), Latvia – LTL 858 million (15 per cent), Cyprus – LTL 625.7 million (10.9 per cent). Lithuanian cumulative DI in EU-27 countries amounted to LTL 4.6 billion (79.5 per cent of the total Lithuanian DI abroad), CIS countries – LTL 951.3 million (16.6 per cent).
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 per cent of the total Lithuanian DI abroad), wholesale and retail trade; repair of motor vehicles and motorcycles – LTL 806.9 million (14.1 per cent), financial and insurance activities – LTL 756.8 million (13.2 per cent).
As for manufacturing, the largest investment was made in the manufacture of basic pharmaceutical products and pharmaceutical preparations (40.4 per cent of the total Lithuanian DI in manufacturing), manufacture of food products, beverages and tobacco products (15.7 per cent), manufacture of rubber and plastic products (14.8 per cent).
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.



