December 20 (SeeNews) - Bulgaria recorded a net inflow of foreign direct investment (FDI) of 953.3 million euro ($507.3 million) in the January-October period, compared to a net inflow of 399.5 million euro a year earlier, the central bank said on Friday.
The net FDI inflow in the first ten months of 2019, calculated according to the directional principle, was equal to 1.6% of the central bank's forecast for Bulgaria's gross domestic product for the year, the Bulgarian National Bank (BNB) said in a statement, citing preliminary data.
The largest FDI inflow came from investments in debt instruments - 1.3 billion euro. This offset a 429.6 million euro outflow of foreign direct investment in equity.
The largest positive net direct investment inflow in Bulgaria in the January-October period of 2019, of 422 million euro, came from the Netherlands. Germany and the U.K. followed with 233.7 million euro and 168.3 million euro, respectively.
($ = 0.9030 euro)