After being driven by household consumption and net exports between 2012 and 2014, Romania’s economic growth has begun to receive the support of investments in recent quarters. Under these circumstances, a natural question arises: How durable is the recovery of investments? Gross fixed capital formation is still 40% below the level recorded in 4Q07 in real terms, while household consumption has exceeded the pre-crisis level by almost 10%. If investments finally manage to return to pre-crisis levels in real terms, this would boost potential GDP, facilitate the creation of additional jobs and improve the external competitiveness of the Romanian economy.
Source : Knight Frank