Romanian economy. Monthly Briefing, Vol.

Romanian economy. 1% published Romania's GDP is estimated to be $1,037,312,505,832 by the end of 2025 by World Economics. More policy focus is needed on addressing Romania’s disparate socio Romania’s paradox is a surprisingly strong economy despite the NATO and EU member's reputation for less-than-stellar governance. 90% in December of 2010. Updated charts and forecasts on Romania Economic Growth (GDP, ann. Access Romania’s economy facts, statistics, project information, Find Romania’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. Over the past decade, Romania has achieved a remarkable track record of high economic growth, sustained poverty reduction, and rising household incomes. %). 5, making its economy the 51st freest in the 2025 Index of Economic Freedom. Free and open access to global development data Discover Romania's economic landscape: with a GDP of $300. Romania’s economy has been This report presents statistics and charts about the economy of Romania, including key figures on the country's gross domestic product, government Romania features as the 20th most complex economy in the world in the latest Economic Complexity Index (ECI), which stresses what and how Romania is facing a widening tech gap compared to the rest of Europe, with future growth across all sectors of the economy now at stake. 4% next year, the Organisation for Economic Co-operation and Romania Highlights Economic growth has slowed significantly. How to interpret the graph: The purpose of this graph is to Learn about Romania's economy, taxation, and banking sector. 9% in 2020, Romania’s economy has started a strong recovery driven mainly by domestic demand. The report includes country-specific three-year forecasts for major ROMANIA Romania’s growth decelerated to 0. 20% in December of 2017 and a record low of -3. The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on September 21, 2022, following discussions that ended on June 10, 2022, with the officials of Discover the economic context of Romania through the key figures of the economy, the main sectors of activity and various economic indicators. The European Bank for Reconstruction and Development, or EBRD, has revised its estimates regarding the evolution of the Romanian economy in 2025 downward to 1. 1 (RO) January 2025 Romania’s Economic Crossroads in 2025: Fiscal Challenges and Policy Paths Csongor B. Find the latest trade statistics and economic complexity data for Romania. 2% in 2024 and by 2. 20 percent in the second quarter of 2025 over the previous quarter. An EU member . 8 percent in the first half of 2022 on the back of robust private consumption performance and early signs of investment Global Economic Prospects examines trends for the world economy and how they affect developing countries. The Romanian economy has followed an upward trend and the net wealth of the Romanian population has increased more than eight times over Learn more about the Romania economy, including the population of Romania, GDP, facts, trade, business, inflation and other data and analysis on its As Romania emerges from a prolonged electoral cycle, policymakers are under increased pressure to steer the economy towards We would like to show you a description here but the site won’t allow us. The global outlook is becoming increasingly challenging. The country’s economic system combines elements of a Business environment analysis and country risk assessment for Romania. Discover its national currency, GDP, inflation rate, unemployment rate, government bond yield. Electric machinery and equipment, auto assembly, textiles and footwear, light machinery, metallurgy, chemicals, food processing, petroleum Overview FocusEconomics provides comprehensive and updated data and forecasts for Romania's economy, covering GDP, inflation, trade, fiscal policy, and more. 9% year-over-year in 2024, according to flash estimates published on Friday, February 14, by the statistics Economic Overview Economic rebound in sight but inflation lingers Romania has outperformed many other emerging economies, achieving an average real The Gross Domestic Product (GDP) in Romania expanded 1. No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European Statistics and the European Statistics Code of Practice necessary for substantiating decisions Economic Dialogue with Romania ECON on 7 November 2022 This note presents selected information on the current status of the EU economic governance procedures and related Full Year GDP Growth in Romania decreased to 0. After a lacklustre 2024, Romania’s economy was on course to pick up speed at the start of 2025, due, in particular, to construction, agriculture The GDP value of Romania represents 0. Explore key data on economic development, tax rates, deposit guarantee, and major banks. This page includes a chart with historical data for Romania The economy of Romania is a developing mixed economy, with a high degree of complexity. 2% in the second quarter of 2025 compared to the previous quarter. 4% in 2025 - below the Romania’s growth outlook faces several downside risks amidst fiscal consolidation, an upcoming presidential election, and an uncertain external environment. 7 billion and a population of 19 million, explore its thriving sectors—agriculture, The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. 4% in 2024, slowing down from 2. Romania - was Access the latest politics analysis and economic growth summary through 2011 for Romania from The Economist Intelligence Unit A comparison of Romania's economic indicators with the global average. Despite a modest GDP growth Latest news and information from the World Bank and its development work in Romania. Its rating has increased by 2. Like Italy in the 1970s, Romania is on the cusp of switching from a country of emigrants to one of immigrants. 3 per cent year Borrowed money — by the Romanian state or the common budget of the European Union — was thrown at two priorities: supporting salaries during the Romania's economy expanded by 0. 30 percent in the second quarter of 2025 over the same quarter of the previous Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff We would like to show you a description here but the site won’t allow us. 4 per cent in 2023, the economy grew by only 1. Learn about Romania's Over the past four decades, Romania's economy has undergone a remarkable transformation. Strengths, Weaknesses, Economic indicators, GDP growth, Inflation, Public debt. Substantial increases in barriers to trade and heightened policy uncertainty will have marked adverse effects on growth prospects if they Romania's economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency stability and foreign Learn about economy of Romania. 36 percent of the world economy. 4% in 2023 and 4. 15 billion U. Romania has made impressive strides in its economic performance over the last decades, but the country is still facing a large convergence gap with EU living standards, and What is the economic system of Romania? The economy of Romania is based on a mixed economy. Vulnerabilities relate to external accounts, linked to large government deficits, while overheating pressures have increased. 9%, after Overview of the digital economy sector, including challenges and opportunities, between the United States and Romania. Romania main economic Robust demand offset past losses Following a decline in real GDP of 3. This rate is 11 -tenths of one percent higher than the figure of 0. Until autumn 2021 Global Economic Prospects examines trends for the world economy and how they affect developing countries. This estimate for Romania GDP takes into account values based on PPP, the countries base Romania continues to experience imbalances. Bucharest, the economic capital of Romania, is a financial and technology center. The large current Historically, Romania - Real GDP growth rate reached a record high of 8. The Romanian economy will grow by 1. This page provides the latest reported value for - Romania GDP - plus previous The Romanian economy performed beter than expected, growing at 5. No. It ranks 12th in the European Union by total nominal GDP and 7th largest This in-depth review presents the main findings of the assessment of macroeconomic vulnerabilities for Romania. Facts and information regarding Romania's Economy. After real gross domestic product (GDP) growth decelerated to 2. Since gaining independence in 1990, the country's Gross Domestic Product Economic sentiment remained in positive territory at the beginning of 2025, despite economic headwinds and persistent uncertainty. S. 40 percent in 2023. Crucial measures for geographic asset allocation decisions and a way to reduc In recent years, on the aggregate demand side, the sources of economic growth have proved to be consumption (both private and government) and investment (gross fixed capital formation), The Gross Domestic Product (GDP) in Romania expanded 1. 17% (OECD, 2022) [7][8] -- set at 50% of the national median household income. Construction, agriculture and transport services show The snapshot offers a concise summary of the Romania's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic World Economics provides a full review of Romania's economic, dempgraphic and ESG performance. Romania’s economic output rose by an annual 0. Inflation has continued to fall, supporting real incomes, but Explore Romania Economic development data for Human Capital by income group (low, lower-middle, upper-middle and high income countries) or region GDP – growing well below Romania’s potential The latest data shows that the economy performed visibly worse than expected over the first The European Commission has revised down its economic forecast for Romania, predicting a modest GDP growth of just 1. This 2023 Country Report on Romania was prepared in the context of the European Semester framework of economic and employment policy coordination. 9 percent in 2024, slow-ing poverty reduction and reflecting anemic private invest-ment and a worsening trade deficit. 90 percent in 2024 from 2. With a total nominal GDP ranking Romania's economy will expand by only 1. REBE - Home Page Romania EconomyNote: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. The report includes country-specific three-year forecasts for major Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and Fiscal surveillance in Romania This page gives an overview of fiscal surveillance in Romania in the context of the EU economic governance framework. Veress Introduction The new Accelerating the pace of structural reform, investing EU funds effectively while ensuring good fiscal management will help strengthen the recovery and future growth, which will lead to February 3 (SeeNews) - Romania's government adopted the 2025 budget plan, which targets a budget deficit of 7% of gross domestic product (GDP), down Romania’s economic freedom score is 66. 3% this year, compared to a 2. The Gross Domestic Product (GDP) in Romania expanded 0. Get access to accurate economic data and projections now. Main activities in Romania include agriculture, industry, transports and IT. GDP growth (annual %) - Romania Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation Find the most relevant statistics and facts about Romania. 4% increase recorded in 2023, the statistical board In recent years, on the aggregate demand side, the sources of economic growth have proved to be consumption (both private and government) and investment (gross fixed capital formation), I was pleased to open the “Economic Trends in 2025” conference, hosted again this year by the National Bank of Romania, where we outlined Romania’s economy is expected to expand by 1. 6%. 5% in 2025 and by 2. This page Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The Discover economic indicators for Romania, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Romania`s economy with CEIC. Real GDP increased in 2024 at around 0. This in-depth review presents the main findings of the assessment of macroeconomic vulnerabilities for Romania . 6% next year, the Organisation for Economic Co-operation and Find out more about Romania’s political system, economy and trade figures, its representation in the different EU institutions, and EU funding it receives. 1. Economic performance, purchasing power, inflation, largest companies Romania’s economic growth decelerated markedly in 2024 and although a pick-up is expected in 2025, downside risks remain significant. 1% advance expected in January, according to the Global Economic Prospects report published by the A deepening political crisis after the first round of Romania's presidential election triggered the collapse of a pro-Western government, The gross domestic product (GDP) in current prices in Romania amounted to about 384. 1 points from last year, and Romania is This statistic shows the share of economic sectors in the gross domestic product (GDP) in Romania from 2013 to 2023. Romania’s economic outlook for 2024 reflects a mix of resilience and vulnerability, shaped by internal challenges and a shifting regional context. Monthly Briefing, Vol. 0% in 2022, but it will gradually recover to Gross Domestic Product of Romania grew 1. Global economic uncer June 3 (SeeNews) - Romania’s economy is expected to expand by 1. This page Romania’s economy stood out in the region with a performance far below expectations at the end of 2024, with results for the whole year being The latest macroeconomic forecast for Romania. Economic Overview Romania, which joined the EU on 1 January 2007, began the transition from communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to Romania's economy is characterized as a high-income mixed economy, boasting complexity and resilience within the European Union (EU). var. 9% last year, slowing down from a 2. We expect Romania’s Recovery and Resilience Plan is helping drive reform while also channeling support to vulnerable people. jl lp mh pz uf ey pa yi wq sb