April 1 (SeeNews) - The net inflow of foreign direct investments (FDI) to Croatia rose to 2.844 billion euro ($3.14 billion) last year from 674 million euro in 2020, central bank figures showed.
The net inflow of foreign direct investments amounted to a substantial 810 million euro in the fourth quarter of 2021, in contrast with a slight outflow, of 63 million euro, in the same quarter of the previous year, the central bank said on Thursday in a comment of the country's balance of payments.
The growth of net foreign direct investments in the fourth quarter was primarily due to retained earnings on the liabilities side, resulting from improved business results of banks and enterprises in foreign ownership. In addition, debt liabilities of domestic non-financial corporations to affiliated foreign creditors increased, while debt claims of domestic sectors decreased.
New direct equity investments remained at almost the same level as in the last quarter of the previous year and were mainly realised in the real estate sector, it added.
The net inflow of FDI equalled 5% of the country's GDP last year, compared to 1.3% in 2020.
($=0.904 euro)