Indicators of foreign affiliates in Latvia

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.

Foreign affiliates and branches in Latvia, which are under foreign control.

Economically active foreign affiliates and branches in Latvia which are under foreign control at the end of the reference year.

From 2021:

Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics, repealing 10 legal acts in the field of business statistics;

Commission Implementing Regulation (EU) 2020/1197 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics repealing 10 legal acts in the field of business statistics.

Until 2020:

• Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community statistics on the structure and activity of foreign affiliates;
• Commission Regulation (EC) No 364/2008 implementing Regulation (EC) No 716/2007 of the European Parliament and of the Council, as regards the technical format for the transmission of foreign affiliates statistics and the derogations to be granted to Member States;
• Commission Regulation (EC) No 747/2008 amending Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community statistics on the structure and activity of foreign affiliates, as regards the definitions of characteristics and the implementation of NACE Rev. 2;
• Commission Regulation (EC) No 834/2009 implementing Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community statistics on the structure and activity of foreign affiliates, as regards the quality reports.

Statistics database

The data are comparable across all EU countries. Data on activities of foreign affiliates are publishes on Eurostat website: Globalisation in business statistics.

Comparable data are available for the time period since 2005 for NACE Rev. 2 sections B-N (with the exception of K) and S95.

Since 2021 for NACE Rev. 2 sections B-S (with the exception of O and S94).

The data are coherent with structural business statistics.

The data are compiled using:

• Structural business statistics information compiled by the CSB;
• Information from the State Revenue Service;
• Information from the European Groups Register database (the database holder is the Statistical Office of the European Union (Eurostat);
• Information from the Business register.

Indicators on the activity of foreign affiliates are obtained using structural business statistics data.

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).

Sample size

Calculation methods

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 net 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;

+ income from product- or turnover-related subsidies;

– purchase of goods and services purchased for resale;

+ capitalized production;

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

+ capitalized production;

+ income from product- or turnover-related subsidies;

– 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.