SARAJEVO (Bosnia and Herzegovina), Aug. 18 (SeeNews) – Foreign direct investment (FDI) in Bosnia totaled 678.2 million marka (406 million dollars / 347 million euros) last year, an increase 81 million mark compared to revised data for 2019, the country’s central bank said.
The influx of FDI can be described as relatively good given the deep global recession that has hit foreign investors, the central bank said in a statement on Tuesday.
The largest portion of FDI in 2020, Mk 586.3 million, represented the reinvested profits of existing foreign-invested enterprises, while investment in equities was significantly lower, he added.
Croatia and Serbia provided the largest inflows of FDI to Bosnia last year, respectively 149.4 million marks and 135.3 million marks.
In terms of sectors, the Bosnian banking sector absorbed most of the FDI inflows, 157 million marka, followed by wholesale trade with 93.9 million marka and power generation with 88.6 million marka. by marka.
According to cumulative figures, overall FDI inflows into Bosnia at the end of 2020 amounted to 15.08 billion marks. Austria was the biggest foreign investor with 2.78 billion marks, followed by Croatia with 2.42 billion marks and Serbia with almost 2.19 billion marks. On the sectoral level, the majority of FDI went to financial services, 3.67 billion marka, telecommunications (1.74 billion marka) and wholesale trade (1.41 billion marka).
(1 euro = 1.956 marka)