Foreign direct investment (FDI) in Bulgaria increased by 14.2% year on year to EUR 3.261 billion as of end-December 2025, according to preliminary data released by the Bulgarian National Bank.
For comparison, the net FDI inflow into the country in 2024 was also positive, reaching EUR 2.856 billion, or EUR 405 million less than the current result.
The volume of FDI for the January-December 2025 period amounts to 2.8% of the forecast gross domestic product, compared with 2.7% in 2024.
In December alone, the net FDI inflow was positive at EUR 383.2 million, compared with a positive inflow of EUR 176.6 million in December 2024.
The BNB noted that the data on net FDI inflows are preliminary and subject to subsequent revision, which may alter the current figures.
The largest net positive FDI inflows for January-December 2025 came from the Netherlands (EUR 635.9 million), Greece (EUR 476.9 million) and Italy (EUR 315.5 million), while the largest net negative flows were recorded towards Malta (EUR 257.3 million) and the United States (EUR 216.5 million).
The net flow of foreign investment in real estate was negative at EUR 19.7 million (including a negative flow of EUR 21.1 million from Russia), compared with a negative net flow of EUR 15.3 million in January–December 2024.