FDI up in Romania in the first 4 months of 2024

Direct investments by non-residents (foreign direct investment – FDI) in Romania totaled 3.230 billion euros, in the first four months of this year, up 34.14% compared to 2.408 billion euros, in the similar period of 2023, according to data published by the National Bank of Romania (BNR).

“Non-residents’ direct investment Non-residents’ direct investmentin Romania totalled EUR 3,230 million (compared with EUR 2,408 million in January – April 2023), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 3,014 million and EUR 216 million, respectively,” says a BNR press release.

The central bank also announced that during January – April 2024, the balance-of-payments current account posted a deficit of EUR 6,576 million, compared with EUR 5,191 million in January – April 2023. The breakdown shows that the deficit on trade in goods widened by EUR 464 million, the surplus on services fell by EUR 651 million, the primary income deficit increased by EUR 791 million, while the secondary income surplus grew by EUR 521 million.

During the same period, total external debt increased by EUR 1,804 million to EUR 171,887 million, of which:

  • long-term external debt at end-April 2024 ran at EUR 126,798 million (73.8 percent of total external debt), up 4.1 percent against end-2023;
  • short-term external debt at end-April 2024 amounted to EUR 45,089 million (26.2 percent of total external debt), down 6.7 percent from end-2023.

Long-term external debt service ratio stood at 16.9 percent in April 2024 against 16.7 percent in 2023. At end-April 2024, goods and services import cover ran at 6.0 months, as compared to 5.6 months at end-2023.

At end-April 2024, the ratio of the National Bank of Romania’s foreign exchange reserves to short-term external debt by remaining maturity came in at 109.1 percent, as against 96.3 percent at end-2023.

balance of paymentsBNRFDIForeign Direct InvestmentLong-term external debtnon-residents' direct investmentRomaniatotal external debt
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