FDI in Bulgaria grows 17.3 pct in 2019

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FDI in Bulgaria 2019

SOFIA, Feb. 19 (Xinhua) — Foreign direct investment in Bulgaria grew by 17.3 percent year-on-year in 2019, according to preliminary data released by the Bulgarian National Bank (BNB) Wednesday.

From January to December 2019, FDI in the country totaled 629.9 million euros (680.3 million U.S. dollars) or 1 percent of gross domestic product, the BNB said.

The largest net direct investment inflow came from the Netherlands at 404.2 million euros, followed by the United Kingdom with 173.8 million euros, and Luxembourg 142.2 million euros, the BNB said.

Equity recorded a negative value of 399.1 million euros in 2019, dropping by 1.303 billion euros compared to 2018, the data showed.

Meanwhile, real estate investments from non-residents stood at 5.3 million euros, compared with 19.2 million euros in 2018, and reinvestment of earnings was estimated at 81.2 million euros, compared with 328.5 million euros in 2018.

However, the net flow on debt instruments totaled 947.8 million euros in 2019, compared with a negative value of 695.7 million euros in 2018.