February 19 (SeeNews) - Foreign direct investment (FDI) in Bulgaria rose by an annual 36.7% to 901.9 million euro ($1.08 billion) in 2017, the central bank, BNB, said on Monday, citing preliminary data
The FDI was equivalent to 1.8% of BNB's 2017 GDP estimate, BNB said in a statement, .
Net real estate investments by non-residents in Bulgaria totalled 10.8 million euro last year, compared to 63.1 million euro in 2016.
The largest inflow of real estate investment came from Russia, 53.6% of the total volume. Germany followed with 11.5% and Ukraine with 11.1%.
The largest net direct investment inflows in Bulgaria during the review period, of 875.7 million euro, came from the Netherlands, followed by Switzerland with 126.6 million euro.
($=0.8149 euro)