December 18 (SeeNews) - Foreign direct investment (FDI) into Bulgaria, calculated according to the directional principle, fell by an annual 21.4% to 842.2 million euro ($959.0 million) in the first ten months of the year, the central bank, BNB, said on Tuesday, citing preliminary data.
The FDI inflow was equal to 1.6% of the BNB’s 2018 GDP forecast, the central bank said in a statement.
The largest net direct investment inflow in Bulgaria in the January-October period, of 753.6 million euro, came from the Netherlands. Germany and Belgium followed with 111.6 million euro and 86.2 million euro, respectively.
Real estate investments by non-residents in Bulgaria totalled 6.2 euro in January-October, compared to 16.8 million euro during the same period of last year. The largest inflow of real estate investment came from Russia, followed by Germany and Ukraine.
($ = 0.8782 euro)