08:16

18.08.18

1 min.

First half of 2018 sees sharp drop in foreign direct investment

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First half of 2018 sees sharp drop in foreign direct investment

Foreign direct investment (FDI) fell by an annual 49.5 per cent to 246.2 million euro in the first six months of 2018, the Bulgarian National Bank (BNB) said on Friday, quoting preliminary data. In Bulgaria, FDI is calculated according to the directional principle. The FDI inflow was equal to 0.5 per cent of the central bank's 2018 GDP forecast.


Real estate investments by non-residents in Bulgaria totalled 2.7 million euro in January-June, compared to 8.2 million euro during the same period of last year.


The largest inflow of real estate investment came from Russia, followed by Ukraine and Kazakhstan. The largest net direct investment inflow in Bulgaria in the first half of the year, of 262.7 million euro, came from the Netherlands. Russia and Germany followed with 262.7 million euro and 130.9 million euro, respectively.



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