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FDI into Macedonia more than double in Jan-Sept

FDI into Macedonia more than double in Jan-Sept Toshe Ognjanov/

SKOPJE (N. Macedonia), November 30 (SeeNews) - Foreign direct investment (FDI) into North Macedonia totalled 285.6 million euro ($324.3 million) in the first nine months of 2021, compared to a net inflow of 119.5 million euro in the like period of 2020, central bank data showed on Tuesday.

In the third quarter alone, the total direct investments in the country registered a net inflow of 38.6 million euro, as compared to an FDI outflow of 5.4 million euro in the third quarter of 2020, according to central bank data.

In the January-September period, net inflows based on equity and reinvestment of earnings totalled 113.2 million euro and 196.7 million euro, respectively. Net inflows in intercompany lending came in at 24.3 million euro, the central bank said.

In 2020, FDI into Macedonia totalled 239.8, down from 398.76 million euro in 2019.

($ = 0.8805 euro)