Bulgaria's Foreign Investment Downturn Started in 2008

Business | September 7, 2009, Monday // 20:08|  views

The decline in the foreign direct investments in Bulgaria started in 2008. Photo by Darik News

The foreign direct investments in Bulgaria in 2008 amounted to BGN 12 B, which is a 27,4% decline compared to 2007, when they were BGN 16,6 B.

This becomes clear from revised data released Monday by the National Statistical Institute, which also shows that Bulgaria's GDP in 2008 was BGN 59,9 B, a 6% increase compared to 2007.

In 2008, one employed person produced an average of BGN 17 397 of the GDP in Bulgaria calculated in current prices.

Bulgaria's labor productivity per employed person has increased by 2,7% in 2008, and the average labor productivity per one working hour has also increased by 2,7%.

 

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Tags: labor productivity, GDP, FDI, foreign investments, Global Financial Crisis

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