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Macedonia’s H1 FDI Rises 226 % Y/Y to 268.9 Mln Euro ($385.2 Mln) - Table

Sep 15, 2008, 3:30:42 PMArticle by Valentina Dimitrievska
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September 15 (SeeNews) - Foreign direct investments (FDI) in Macedonia in the first half of 2008 totalled 268.9 million euro ($ 385.2 million), 226 % higher than a year earlier, central bank statistics indicated on Monday.

Macedonia’s H1 FDI Rises 226 % Y/Y to 268.9 Mln Euro ($385.2 Mln) - Table

In June alone, FDI rose to 53.5 million euro compared to a decline of 0.5 million euro in the same month of 2007.

Details follows (in millions of euro):

June'08 May'08 Jan-June'08 June'07 Jan-June'07
FDI 53.5 63.5 268.9 -0.5 82.5

FDI in the country of two million people dropped to 239.3 million euro last year, from 344.8 million euro in 2006. Macedonia hopes to increase the share of FDI in its gross domestic product (GDP) to four percent by 2009 from below one percent in 2006.

($ = 0.6981 euro)

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