FDI report a 15% growth in January - November 2012
Foreign direct investments (FDI) in Bulgaria for the January - November 2012 period amounted to almost €1.4 bn, showed preliminary data of the Bulgarian National Bank (BNB). For the same period of 2011, FDI amounted to nearly €1.22 bn, reporting an annual growth of 15%. At the same time, in November 2012 alone, FDI totaled €105 mln, compared to €135 mln for the same month a year ago. In Q3 2012, FDI stood at approximately €426 mln. According to preliminary data, the increase in the volume of FDI, was entirely due to their inflow in the first half of 2012.
The largest FDI in January-November 2012 came from the Netherlands (€634 mln) and Luxembourg (€375 mln). The highest net outflow of FDI for the period was directed to Austria (minus €166 mln) and Germany (minus €136 mln). The total amount of FDI that quit Bulgaria during the period was nearly €542 mln.
According to preliminary data for the first 11 months of last year, Bulgarian FDI abroad increased by €162 mln, while the increase in January-November 2011 was around €173 mln.
Bulgaria’s trade deficit for January-November 2012 stood at €3.25 bn, while for the same period of 2011 it was twice less - €1.83 bn, showed BNB’s data. The trade deficit for November 2012 alone stood at €138 mln, compared to a deficit of almost €334 mln for November 2011.
Source: www.klassa.bg