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FDI in Bulgaria in January-April 2017 was 125.7M euro

FDI in Bulgaria in January-April 2017 was 125.7M euro
Foreign direct investment in Bulgaria in the first four months of 2017 stood at 125.7 million euro, the equivalent of 0.3 per cent of the gross domestic product (GDP), according to statistical data from the Bulgarian National Bank (BNB). In the same period of 2016, FDI was 395.5 million euro, but the original amount reported by BNB last year was 429.1 million euro, which was revised downward later.

Investment in equity, including in the real estate sector, showed an outflow of 109.8 million euro (compared to an inflow of 177.8 million euro in the first four months of 2016) and re-invested earnings accounted for 202.2 million euro (versus 191.4 million euro a year earlier), according to preliminary data.

Receipts from real estate investments by foreign companies totalled 1.7 million euro, compared to 12.3 million euro during the same period of 2016.

The central bank data showed 33.3 million euro in investment inflows as debt instruments, recorded as the change in the net liabilities of Bulgarian companies towards their foreign investor owners, compared to 26.4 million euro in the first four months of 2016. Such financial flows include financial loans, suppliers’ credits and debt securities, BNB said.

By country, the largest direct investment in Bulgaria in January-April 2017 came from the Netherlands (143.5 million euro) and Switzerland (102.2 million euro). Notable net outflows were recorded towards Hungary (-86.1 million euro), Belgium (-66.9 million euro) and Germany (-61.5 million euro).

According to preliminary figures, Bulgarian investment abroad increased by 92.1 million euro in the first four months of 2017, compared to 3.2 million euro in the same period of last year, BNB said./IBNA

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