September 26 2023

FDI flow in Bulgaria increased by over 32% in seven months

The net flow of foreign direct investment in Bulgaria from January to July was over EUR 2bn, 32.5% (EUR 505m) higher than in the same period a year earlier, according to data published by the Bulgarian National Bank (BNB).

In July alone, the flow was up by EUR 137m, slightly down from the positive flow of EUR 145.5m a year earlier. Share capital was positive and amounted to EUR 356.5m, as was the reinvestment of profits, which amounted to EUR 1.6bn.

The largest net positive direct investment flows into the country for the seven months of 2023 came from the Netherlands (EUR 556.9m), Belgium (EUR 248.6m) and Germany (EUR 216.1m), while the largest net negative flows were to Switzerland (EUR 43m) and Italy (EUR 35.8m).

According to preliminary figures, the net flow of foreign direct investment for the January-July period reached EUR 358.9m, compared to EUR 353.1m for the same period last year.

Source: Confindustria Bulgaria