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BELGRADE (Serbia), June 13 (SeeNews) – Serbia became the second largest foreign direct investment (FDI) recipient among transition economies in 2018, the UN Conference on Trade and Development (UNCTAD) said.
FDI inflows into Serbia grew by 44% to $4.1 billion (3.6 billion euro) last year, driven by a surge in new equity capital, UNCTAD said on Wednesday in its 2019 World Investment Report.
The flows to the transition economies of Southeast Europe and the Commonwealth of Independent States (CIS) declined in 2018 for the second consecutive year, falling by 28% to $34 billion, UNCTAD said.
"Some of the other larger recipients in the region – Azerbaijan, Kazakhstan and Ukraine – also saw declining inflows. In contrast, flows were buoyant in Southeast Europe, especially in Serbia and North Macedonia," the UNCTAD added.
Details of FDI inflows in SEE countries follow (all figures in billions of US dollars):
|Bosnia and Herzegovina||0.468||0.448||4.5%|
($ = 0.8856 euro)