January 18 (SeeNews) - Foreign direct investment (FDI) into Bulgaria, calculated according to the directional principle, fell by an annual 40.9% to 795.4 million euro ($906.7 million) in the eleven months through November, the central bank, BNB, said on Friday, citing preliminary data.
The FDI inflow was equal to 1.4% of BNB's forecast for the country's 2018 GDP, the central bank said in a statement.
The largest net direct investment inflow in Bulgaria in the January-November period, of 767.1 million euro, came from the Netherlands. Germany and Belgium followed with 122 million euro and 67.9 million euro, respectively.
Real estate investments by non-residents in Bulgaria totalled 7.1 euro in January-November, compared to 18.7 million euro during the same period of 2017. The largest inflow of real estate investment came from Russia, followed by Germany and Ukraine.
($ = 0.8772 euro)