Sofia - leader in terms of foreign investments, Devnya - per capita

published on 1/28/24 3:02 PM

Photo: BTA

By the end of 2022, the total value of accumulated foreign investments in Bulgaria reached 29.4 billion euros, which is approximately 1.3 billion more than in 2021. It is expected that almost half - 14.9 billion euros - of these investments are in Sofia Municipality, according to an analysis by the Institute for Market Economy.

Burgas, Plovdiv, Varna and Devnya follow Sofia in this list.

Among the municipalities with the largest presence of foreign capital, the logistics leader Elin Pelin with 490 million euros and the energy center Galabovo with 429 million euros are in the top. Among the leading municipalities there are some relatively small in terms of population, but with a strong industry, such as Sevlievo - 325 million euros, Bozhurishte - 310 million euros, Botevgrad - 288 million euros.

The traditional leader in terms of foreign investments per capita is Devnya with an average of 110,000 euros per capita, followed by Galabovo with 40,000 euros per capita, according to the Institute for Market Economics. Municipalities from the outskirts of Sofia also rank in the top 5, as in Bozhurishte the value of realized investments reaches 33,000 euros per person, in Elin Pelin - 21,000 euros, and 16,000 in Kavarna.

The map also shows large territories in which foreign investments are practically absent - large parts of Northern Bulgaria, especially along the Danube River, along the border with Serbia, as well as in the mountainous regions.

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Sofia - leader in terms of foreign investments, Devnya - per capita

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