Foreign Direct Investment grows 45.3 pct y/y in 2018 - central bank
Foreign Direct Investment (FDI) in Poland grew by 45.3 percent year on year in 2018 to PLN 50.37 billion (EUR 11.66 billion) while Polish investment abroad was down by PLN 1.5 billion (EUR 347 million) the National Bank of Poland (NBP) reported on Friday.
The total incoming FDI figure was made up of reinvested profits to the sum of PLN 37.8 billion (EUR 8.75 billion) and inflows of capital from shares and other forms of share capital of PLN 11.2 billion (EUR 2.59 billion) as well as from debt instruments to the tune of PLN 1.4 billion (EUR 324 million), the central bank reported. FDI in 2017 stood at PLN 34.67 billion (EUR 8.02 billion) according to the NBP.
The highest FDI inflows in 2018 were recorded from the Netherlands (PLN 31.6 billion/EUR 7.31 billion), Luxembourg (PLN 7.4 billion/EUR 1.71 billion), Germany (PLN 6.7 billion/EUR 1.55 billion) and Malta (PLN 6.0 billion/EUR 1.38 billion).
The highest divestments came from Spain (-PLN 7.2 billion/-EUR 1.66 billion) and Sweden (-PLN2.5 billion/-EUR 578 million).
FDI inflows in 2018 were mainly into entities involved in industrial production (PLN 21.5 billion/EUR 4.97 billion) and trade (PLN 14 billion/EUR 3.24 billion) while outflows were chiefly related to information and communication (-PLN 5.4 billion/-EUR 1.24 billion).