July 19 (SeeNews) - Foreign direct investment (FDI) into Bulgaria, calculated according to the directional principle, fell by an annual 58.6% to 120.5 million euro ($139.5 million) in the first five months of the year, the central bank, BNB, said on Thursday, quoting preliminary data.
The FDI inflow was equal to 0.2% of the BNB’s 2018 GDP forecast, the central bank said in a statement.
Real estate investments by non-residents in Bulgaria totalled 2.2 euro in January-May, compared to 5.1 million euro during the same period of last year.
The largest inflow of real estate investment came from Russia, followed by Ukraine and Kazakhstan.
The largest net direct investment inflow in Bulgaria in January-May, of 157.5 million euro, was from the Netherlands. Germany followed with 123.8 million euro and Russia was third, with 115.9 million euro.
($ = 0.8635 euro)