The inflows of Foreign Direct Investments (FDI) in Romania in 2018 increased by a mere 2.6% compared to 2016, to EUR 4.9 billion, to hit the post-crisis maximum. In 2008, before the recession, the FDI level was nearly twice as high: EUR 9 billion.
Furthermore, the GDP was only EUR 146 billion in 2008, compared to EUR 190 billion in 2018, which results in a significant decrease of the FDI to GDP ratio to just 2.6% in 2018, less than half the 6.2% figure in 2008
Part of what central bank reports as FDI represents reinvested earnings of FDI investors already running businesses in the country. The central bank does not provide sufficient data to estimate the share of reinvested earnings in the total equity foreign investments (EUR 3.15 billion in 2018).