Authors are considering problem of investments on the macro level e.g. on the level of Republic of Serbia in a ten-year period (1996-2005). Investments and capital coefficient in industry and agriculture are analised, in other words the ratio between the investments and public production. Structure of investments by domains of investments and public production has been presented. Official annual data have been statistically processed. The period in matter has been devided into two sub-periods: 1996-2000 and 2001-2005. The first period is significantly different from the second one, although both of the have common characteristic: disproportion in terms of taking from the agriculture and investing into this kind of production


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