In Bulgaria, foreign direct investments amounted to 697.8 million euros at the end of August this year, according to the preliminary data of the Bulgarian National Bank (BNB). This represents a decrease of 77.5% year-on-year.
For comparison, the net flow of direct investments in the country during the same period last year was positive in the amount of 3.103 billion euros, or 2.405 billion euros more than the current result.
The amount of the net flow of direct investments in our country for the period January-August this year equals 0.7% of the country’s gross domestic product. Specifically, in August, the size of the net flow of foreign investments was positive and amounted to 100.5 million euros. This is nearly six times lower than in August 2023, when the net flow of foreign investments was positive in the amount of EUR 590.3 million.
The BNB’s data on the net flow of foreign investments in Bulgaria are preliminary, which means that they are subject to revision, which may change the current result.
The largest net positive flows of direct investments in the country for January-August 2024 are from the Netherlands (518.1 million euros), Austria (451.7 million euros) and Greece (359.7 million euros), and the largest net negative flows – to Russia (371.3 million euros) and Poland (137.4 million euros).
For the first eight months of this year, the net flow of foreign investment in real estate in Bulgaria was negative in the amount of 3.1 million euros, compared to a negative net flow of 11.2 million euros for the same period last year.
Share capital (transferred/withdrawn monetary and contribution contributions of non-residents to/from the capital and reserves of Bulgarian companies, as well as receipts/payments from real estate transactions in the country) is positive and amounts to 236 million euros for January – August 2024 It is less by 338.9 million euros than that for January – August 2023, which is positive in the amount of 574.8 million euros.
According to preliminary data, the article Reinvestment of profit (showing the share of foreign investors in the current profit or loss of the company based on accounting data for the financial result) is positive and amounts to 941.7 million euros, with a positive value of 2.473 billion euros for January – August 2023.
The net flow under the sub-item Debt instruments (the change in net liabilities between companies with foreign participation and direct foreign investors in financial, bond and trade credits) is negative and amounts to EUR 479.8 million, with a positive value of EUR 55.4 million for January – August 2023.
According to preliminary data, the net flow of direct investments abroad for January – August 2024 amounted to 366.7 million euros (0.4% of GDP), compared to 413.2 million euros (0.4% of GDP) for January-August 2023. In August 2024, the net flow was positive and amounted to EUR 10 million, with a positive value of EUR 25.6 million for August 2023.
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