March 21 (SeeNews) - The flow of foreign direct investment (FDI) into Bulgaria soared 92.1% year-on-year in January, reaching 54 million euro ($58.3 million), the central bank, BNB, said on Tuesday.
The FDI inflow was equal to 0.1% of the BNB’s 2017 GDP forecast, the central bank said in a statement.
Real estate investments by non-residents in Bulgaria totaled 500,000 euro in January, compared to 2.1 million euro during the same month of last year.
The largest inflow of real estate investment came from Russia, 54.7% of the total amount. Austria followed with 32.5% and Turkey with 11.9%.
The largest net direct investment inflow in Bulgaria in January 2017 was from the Netherlands, which accounted for 49.2% of the total amount for the period, followed by Malta with 28.6% and Germany with 22.1%.
($ = 0.9265 euro)