Foreign Investment in Bulgaria Amounted to EUR 1.3 B in Jan-Sept

Business » FINANCE | November 18, 2016, Friday // 15:01| Views: | Comments: 0
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Bulgaria: Foreign Investment in Bulgaria Amounted to EUR 1.3 B in Jan-Sept Photo: BGNES

Foreign direct investment (FDI) into Bulgaria was 21% less in the first nine months of 2016 compared to the same period of last year, central bank statistics show.

According to data from the Bulgarian National Bank (BNB), FDI for January - September 2016 amounted to EUR 1.3 B, which is 2.8% of Bulgaria's gross domestic product (GDP).

The figure was lower by EUR 339.2 M (by 21.1%) compared to January-September 2015, when FDI into he country was EUR 1.6 B or 3.6% of GDP.

Real estate investments of non-residents were EUR 53.5 M compared to January - September last year with EUR 46.8 M.
The largest share of investment in real estate was from Switzerland (EUR 22.7M), followed by Russia (EUR 6.6 M) and Norway (EUR 6.1 M).

According to the data, the direct investment abroad in the period January-September 2016 increased by EUR 107.2 M compared to EUR 44.7 M for the same period in 2015.

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Tags: investments, Bulgarian National Bank (BNB)
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