The main investing countries

As of January 1, 1999, direct foreign investments in Lithuania totaled LTL 6,501.2 million (USD 1,625.3 million), including LTL 1,364.0 million (USD 341 million) of long term and short term loans. The Department of Statistics has announced that in Lithuania the direct foreign investments per capita amounted to LTL 1,756 (USD 439). According to this information, the most investments were channeled to the manufacturing industry, 32 per cent. Investments into trade accounted for 25 per cent, the sector of post and communication services attracted 17 per cent, and firms of financial intermediation - 10 per cent of all direct foreign investments. The main investing countries were the USA (LTL 1,214.0 million i.e. USD 304 million, or 18.7 per cent of all investments), Sweden (LTL 1,096.4 million i.e. USD 274.1 million, or 16.9 per cent), Finland (LTL 693.8 million i.e. 173.45 million, or 10.7 per cent), Germany (LTL 530.3 million i.e. USD 132.58 million, or 8.2 per cent), Great Britain (LTL 440.2 million i.e. USD 110.05 million, or 6.8 per cent).