SOFIA (Bulgaria), February 19 (SeeNews) – The net inflow of foreign direct investment (FDI) into Bulgaria, calculated according to the directional principle, rose by an annual 10.3% to 1.53 billion euro ($1.73 billion) in 2018, the central bank, BNB, said on Tuesday, citing preliminary data.
The FDI inflow was equal to 2.8% of BNB’s estimate for the country’s 2018 GDP, the central bank said in a statement.
The largest net direct investment inflow in Bulgaria last year, of 1.1 billion euro, came from the Netherlands. Germany and Belgium followed with 153.7 million euro and 94.3 million euro, respectively.
Real estate investments by non-residents in Bulgaria totalled 7.9 million euro in 2018, compared to 19.5 million euro the year before. The largest inflow of real estate investment came from Russia, followed by Ukraine and Germany.