January 19 (SeeNews) - Foreign direct investment (FDI) into Bulgaria decreased by 46% year-on-year to 953.7 million euro ($1 billion) in the eleven months through November, the central bank said on Thursday.
FDI in the January-November period was equivalent to 2.0% of the 2016 GDP forecast by the Bulgarian National Bank, compared with 3.9% of GDP a year earlier, the central bank said in a statement.
In November alone, FDI into Bulgaria grew by 12.4 million euro, compared with an increase of 32.2 million euro in the same month of 2015.
Most of FDI into Bulgaria in the period under review - 202.1 million euro - originated in the Netherlands. Germany followed with 155.1 million euro and Luxembourg came in third with 128.4 million euro.
Real estate investments by non-residents totalled 53.7 million euro in the eleven month period, up from 50.9 million euro attracted in the same period of 2015. The largest inflow of real estate investment came from Switzerland, 42.3% of the total. Russia followed with 12.5% and Norway with 11.4%.
($= 0.9336 euro)