FDI in Bulgaria in January-November 2016 was 953.7 mln euro

Foreign direct investment in Bulgaria in the first 11 months of 2016 stood at 953.7 million euro, the equivalent of two per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on January 19. In the same period of 2015, FDI was 1.78 billion euro, but the original amount reported by BNB last year was 1.47 billion euro, which was revised upward later.

Investment in equity, including in the real estate sector, stood at 297.8 million euro (compared to 983.8 million euro in the first 11 months of 2015) and re-invested earnings accounted for 594.2 million euro (versus 660.5 million euro a year earlier), according to preliminary data.

Net receipts from real estate investments by foreign entities totalled 53.7 million euro, compared to 50.9 million euro during the same period of 2015.

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(Photo: Miroslav Sárička/sxc.hu)