In the period January–September 2021, the portfolio investments account recorded a net outflow of 396.5 million euro, while the net outflow on the other investments account was 294.4 million euro. The main drivers of developments on this account were lower borrowing of the State, as well as of banks and other sectors, on the account of credits taken, if compared to the same period of 2020. Net outflow recorded is a result of increased deposits of domestic banks abroad. According to the preliminary data, the net inflow of foreign direct investments was 352.3 million euro in the period January-September 2021, which is an increase of 2.0 percent year-on-year. Total foreign direct investments inflow was 599.9 million euro (an increase of 18.4 percent), of which equity investments made 302.9 million euro (an increase of 84.3 percent), while the inflow in form of intercompany debt was 231.2 million euro or 25.9 percent less relative to the same period of 2020. As for the composition of equity investments, investments in companies and banks were 118.6 million euro (growth of 29.1 percent), while the investments in immovable property were 184.3 million euro (growth of 154.3 percent).
Inflow resulting from withdrawing investments from abroad was 65.8 million euro. Total foreign direct investments outflow was 247.6 million euro in the period January-September 2021, which is 53.5 percent more year-on-year. The outflow from investments of residents abroad was 69.6 million euro; while the withdrawal of funds of non-residents invested in our country was 178 million euro.