Cumulative foreign investment totaled 38.6 billion

In financial news, the Bank of Lithuania revealed its latest economic figures for foreign direct investment (FDI) to the nation. Cumulative foreign investment totaled 38.6 billion litas (EUR 11.2 b) at the end of June, approximately 12,112 litas per capita. This represents a 0.1% GDP for period examined (58.5 million litas) in net FDI outflow.

Nonetheless, in the second quarter of 2012, the outflow increased by 794.8 million litas, almost 3% of GDP. The Bank of Lithuania explained that the FDI outflow registered in the first half of the year was due to a negative reinvestment flow, mostly caused by dividend payments to foreign investors.

On the other hand, the net FDI inflow to Lithuania reached 25.6 million litas, whilst outward FDI flow for the first six months reached 84.1 million litas.