site.btaForeign Direct Investment in January-October 2025 at EUR 2.6 Bln, Growing by 5.6% Y/Y

The net flows of foreign direct investment in Bulgaria presented according to the directional principle recorded a positive value of EUR 2,566.2 million (2.3% of GDP) in January – October 2025, growing by EUR 135.4 million (5.6%) from January – October 2024 (positive value of EUR 2,430.8 million, 2.3% of GDP), the Bulgarian National Bank reported on Thursday, releasing preliminary data.

In October 2025 alone, foreign direct investment in the country recorded a net inflow of EUR 448.5 million, compared with an inflow of EUR 332.6 million in October 2024.

Equity (acquisition/disposal of shares and equities in cash and contributions in kind by non-residents in/from the capital and reserves of Bulgarian enterprises, and receipts/payments from/for real estate deals in the country) recorded a positive value of EUR 128.1 million in January – October 2025, growing by EUR 87.3 million from a positive value of EUR 40.8 million in January – October 2024.

Real estate investments of non-residents recorded a net outflow of EUR 16 million (including an outflow of EUR 18.3 million from Russia), compared with a negative value of EUR 9.5 million in January – October 2024.

Reinvestment of earnings (the share of non-residents in the undistributed earnings/ loss of the enterprise based on preliminary profit and loss data) was estimated at a positive value of EUR 3,182.7 million, compared with a positive value of EUR 2,234.6 million in January – October 2024.

The net flow on debt instruments (the change in net liabilities between affiliated enterprises on financial loans, suppliers’ credits and debt securities) recorded a negative value of EUR 744.6 million in January – October 2025, compared with a positive value of EUR 155.4 million in January – October 2024.

According to preliminary data, direct investment abroad for January – October 2025 totalled EUR 418.1 million (0.4% of GDP), compared with EUR 673.8 million (0.6% of GDP) in the same period of 2024. It recorded a positive value of EUR 12.2 million in October 2025, compared with a positive value of EUR 25 million in October 2024.