STATISTICAL STUDY ON THE CORRELATION BETWEEN „GROSS DOMESTIC PRODUCT” AND „NET INVESTMENTS” IN ROMANIA, IN THE PERIOD 2008-2022

Abstract

”Gross domestic product” is the main indicator for evaluating the economic growth of a country, reflecting the final result of the production activity of resident production units. ”Net investment” shows how money is allocated to economic growth. Net investments are found in various expenses (for construction, installation and assembly works, for the purchase of machinery, means of transport, other expenses intended for the creation of new fixed assets, etc.). The increase or decrease of the Gross Domestic Product is directly related to the volume of investments made. In this article, the analysis of the correlation between these two indicators is carried out in Romania, in the period 2008-2022, using the results of this analysis to make a forecast for the year 2023.

Keywords

• gross domestic product
• net investment
• statistic
• correlation
• prediction