Banca Naţională a României

The National Bank of Romania, in cooperation with the National Institute of Statistics, conducted the statistical survey regarding foreign direct investment (FDI), the main data source for FDI Statistics. The major goal of the statistical survey was to determine FDI net flows during the 2021 financial year, net income from FDI in 2021, as well as FDI position as at 31 December 2021 into resident direct investment enterprises.

The FDI Survey was conducted in compliance with the methodological requirements of the International Monetary Fund Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).

1. FDI net flows in 2021 stood at EUR 8940 million, of which:
   • EUR 6747 million enterprises’ equity (equity capital worth EUR 2165 million, plus reinvestment of earnings worth EUR 4582 million);
   • EUR 2194 million debt transactions with foreign direct investors and non-resident fellow companies (debt less claims).
2. FDI stock as at 31 December 2022 amounted to EUR 100288 million of which:
   • EUR 70257 million equity positions, including reinvestment of earnings ( 70.1percent);
   • EUR 30031 million debt positions in relation to foreign direct investors and non-resident fellow companies (debt less claims) (29.9 percent).
3. Income from FDI in 2021 amounted to EUR 8894 million, out of which:
   • Net earnings from equity EUR 8302 million, representing the direct investors’ share in the net profit, tantamount to EUR 11008 million, of FDI enterprises, less their share in the loss, EUR 2705 million, of FDI enterprises.
   • Net income from interest computed by subtracting from the interest received by foreign direct investors on lending to their enterprises in Romania, the interest paid by foreign direct investors for the borrowing from their enterprises in Romania – either directly or via fellow companies, stood at EUR 592 million.