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Dec 19, 2017 15:02 EEST
December 19 (SeeNews) - Foreign direct investment (FDI) into Bulgaria fell by an annual 6.3% to 855.5 million euro ($1.0 billion) in the first 10 months of the year, the central bank, BNB, said on Tuesday.
The FDI inflow was equal to 1.7% of the BNB’s 2017 GDP forecast, the central bank said in a statement, citing preliminary data.
Net real estate investments by non-residents in Bulgaria totalled 9.7 million euro in the period January-October, compared to 60.4 million euro during the same period of last year.
The largest inflow of real estate investment came from Russia, 52.4% of the total volume. Germany followed with 11.7% and Ukraine with 11.3%.
The largest net direct investment inflow in Bulgaria during the review period, of 728.6 million euro, came from the Netherlands, followed by Switzerland with 127.5 million euro.
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