Net investment in machinery and equipment, including vehicles, dropped by an annual 10.8% in 2024, while net investment in new construction projects declined by 5.9%, INS said in a statement.

Investments in other sectors increased by 20% combined.

The breakdown by activities shows that 38.2% of total investments targeted the construction sector, 20.5% went into industry and a similar percentage went into commerce and services. 

The sectors of public administration and defense, education, healthcare and social assistance, and the entertainment, cultural and recreational activities attracted 17.9% of total investments in the country’s economy, compared to 15.4% reported in 2023.

Instead, the agricultural sector attracted just 2.9% of total investments in the economy, which is slightly higher than 2.7% reported in 2023.

In the fourth quarter 2024 alone, net investment dropped by 16.7% year-on-year to RON63.274 billion.