The evaluation of foreign direct investment influence on economic development of Baltic countries

Abstract

In order to ensure ecnomic growth it is necessary to pay attention to the investments. The bigger amount of investments and their profitability grants the bigger scale of country‘s production and its growth. In the paper foreign direct investments (FDI) in the Baltic Countries were analysed. The theoretical evaluation of foreign direct investment on economic development of country was submitted. It was theoretically analysed the factors that attract foreign direct investment. Based on statistical data FDI and GDP dynamics in the Baltic countries was analysed. FDI flows and GDP connection using correlation and regression analysis was evaluated. Results of analysis was used to evaluate foreign direct investment influence on economic development of Baltic Countries.