FDI in Bulgaria's Non-financial Sector Falls 2.2% in 2011

FDI in Bulgaria's Non-financial Sector Falls 2.2% in 2011

Foreign direct investments (FDI) in Bulgaria's non-financial sector last year amounted to 21.6 billion euro ($27.1 billion), down by 2.2% on the year, preliminary data published by the country's statistics office showed.

The largest share of this amount, some 8.7 billion euro, flowed into the industry, while another 4.1 billion euro were allocated to the services, the National Statistics Institute said on Thursday.

The amount of FDI earmarked for those two sectors in 2011 accounted for 59.5% of the total sum, which is 3.4 percentage points more than a year earlier.

In 2011, FDI in construction dropped by an annual 40% to a total of 775 million euro, or just 3.6% of the entire investments made in the country.

Early estimates also showed that expenditures for the acquisition of tangible fixed assets in all sectors of the Bulgarian economy last year amounted to 17.76 billion levs ($11.4 billion/9.1 billion euro), which is an annual increase of 9.5%.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.