FDI in Bulgaria Rises by 22.5% in 2015, Central Bank Says

Foreign direct investment (FDI) in Bulgaria increased by 22.5% last year, reaching EUR 1.58 B, the country’s central bank announced on Wednesday.

The foreign direct investment in Bulgaria for January-December 2015 was equivalent to 3.5% of the annual GDP forecast by the Bulgarian National Bank (BNB).

According to preliminary data, equity investment by non-residents totalled EUR 1.13 B last year, an increase of 96.4% compared with 2014, the BNB said in a statement.

Real estate investments by non-residents totalled EUR 72.5 M, down from EUR 120 M invested in January – December 2014. The largest inflow of real estate investment in 2015 was from Russia (EUR 27.1 M, or 37.5% of the total amount).

Reinvestment of earnings by foreign direct investors totalled EUR 644 M last year, an increase compared with EUR 167 M in 2014.

The data for January 2014 – December 2015 are to be revised in the January 2016 FDI report.

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