The aim of the present study is analysis of the use of funds available for investments in agricultural holdings in Latvia before and after its accession to the European Union (EU). Investment support, increasing farms’ productivity and competitiveness are the prerequisites for an agricultural holding to survive on the market. The support available for farm investments in Latvia significantly increased when programs co-funded by the EU became accessible: SAPARD (2000–2006), financing from the European Agricultural Guarantee and Guidance Fund (EAGGF) (2004–2006) and the European Agricultural Fund for Rural Development (EAFRD) (2007–2013). The investigation concerns the period
from 1997 to 2008. The research deals with the following main topics: forms of investments and allocation of resources of investment support among the different regions and types of farms.

Keywords: agriculture, rural development, EU support, national support, investment support