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 the country's needs. Romania's macroeconomic gains have only recently started to spur creation of a middle class and to address Romania's widespread poverty. Corruption and red tape continue to permeate the business environment. In the aftermath of the global financial crisis, Romania signed a $26 billion emergency assistance package from the IMF, the EU, and other international lenders, but GDP contracted until...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2020 Q4 | 42,191 | 46,717 | Mil. Ch. 2000 RON, NSA | Quarterly |
Private Consumption | 2020 Q4 | 217,675 | 193,046 | Mil. RON, NSA | Quarterly |
Government Consumption | 2020 Q4 | 25,907 | 20,773 | Mil. RON, NSA | Quarterly |
Investment | 2020 Q4 | 76,092 | 87,851 | Mil. RON, NSA | Quarterly |
Real Investment | 2020 Q4 | 13,727 | 17,905 | Mil. Ch. 2000 RON, NSA | Quarterly |
Nominal Gross Domestic Product | 2020 Q4 | 327,352 | 284,514 | Mil. RON, NSA | Quarterly |
Real Government Consumption | 2020 Q4 | 2,594 | 1,290 | Mil. Ch. 2000 RON, NSA | Quarterly |
Real Gross Domestic Product | 2020 Q4 | 49,083 | 46,041 | Mil. Ch. 2000 RON, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2017 | 193,640,900,000 | 175,053,600,000 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Wholesale Price Index | Jan 2021 | 105.4 | 108.8 | Corresponding month of previous year = 100, NSA | Monthly |
Producer Price Index (PPI) | Jan 2021 | 128.31 | 126.62 | 2010=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Total Employment | Jan 2021 | 4,924 | 4,910 | Ths. #, NSA | Monthly |
Unemployment | Jan 2021 | 292.2 | 296.1 | Ths. #, NSA | Monthly |
Labor Force Employment | Jan 2021 | 4,924 | 4,910 | Ths. #, NSA | Monthly |
Labor Force | Jan 2021 | 5,206 | 5,219 | #, NSA | Monthly |
Unemployment Rate | Jan 2021 | 3.3 | 3.4 | %, NSA | Monthly |
Wage & Salaries | Jan 2021 | 5,549 | 5,906 | RON, NSA | Monthly |
Agriculture Employment | 2017 | 2,023,849 | 2,065,258 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods and Services | 2020 Q4 | 110,541 | 100,545 | Mil. RON, NSA | Quarterly |
Imports of Goods and Services | 2020 Q4 | 125,301 | 111,408 | Mil. RON, NSA | Quarterly |
Real Exports of Goods and Services | 2020 Q4 | 27,672 | 25,672 | Mil. Ch. 2000 RON, NSA | Quarterly |
Net Exports | 2020 Q4 | -14,760 | -10,863 | Mil. RON, NSA | Quarterly |
Real Imports of Goods and Services | 2020 Q4 | 47,967 | 48,633 | Mil. Ch. 2000 RON, NSA | Quarterly |
Real Net Exports | 2020 Q4 | -20,294 | -22,960 | Mil. Ch. 2000 RON, NSA | Quarterly |
Current Account Balance | 2020 Q4 | -3,284 | -3,862 | Mil. EUR, NSA | Quarterly |
Exports of Goods | 2020 Q3 | 17,449,223,368 | 11,741,534,680 | USD, NSA | Quarterly |
Imports of Goods | 2020 Q3 | 22,854,189,625 | 16,513,972,328 | USD, NSA | Quarterly |
Balance of Goods | 2020 Q3 | -5,404,966,256 | -4,772,437,647 | USD, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Gross External Debt | 2020 Q4 | 125,926 | 118,244 | Mil. EUR, NSA | Quarterly |
Government Budget Balance | Dec 2020 | -105,906 | -85,981 | Mil. RON cumulative from the beginning of the year | Monthly |
Government Revenues | Dec 2020 | 141,023 | 129,185 | Mil. RON cumulative from the beginning of the year | Monthly |
Government Expenditures | Dec 2020 | 246,929 | 215,167 | Mil. RON cumulative from the beginning of the year | Monthly |
Outstanding Public Debt | 2011 | 242,211 | 201,228 | Mil. Lei, NSA | Annual |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | Mar 2021 | 2.96 | 2.65 | % p.a., NSA | Monthly |
Money Market Rate | Mar 2021 | 1.25 | 1.25 | % per annum | Monthly |
Treasury Bills (over 31 days) | Feb 2021 | 2.37 | 2.7 | % p.a., NSA | Monthly |
Stock Market Index | Feb 2021 | 10,201 | 10,306 | Index, NSA | Monthly |
Lending Rate | Mar 2013 | 5.25 | 5.25 | % | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Residential Building Permits | Jan 2021 | 2,558 | 3,530 | #, NSA | Monthly |
House Price Index | 2020 Q4 | 127.97 | 126.38 | Index 2015=100, NSA | Quarterly |
Building Completions | 2020 Q3 | 18,725 | 14,846 | #, NSA | Quarterly |
Dwelling Stocks | 2019 | 9,092,963 | 9,031,317 | #, NSA | Annual |
Consumer | Reference | Last | Previous | Units | Frequency |
Retail Sales | Jan 2021 | 78.2 | 105.6 | Prev. month = 100, SA | Monthly |
Consumer Confidence | Apr 2020 | -26.1 | -11.1 | SA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2021 Q1 | 71.5 | 69.3 | %, SA | Quarterly |
Industrial Production | Jan 2021 | 141.96 | 141.68 | Index 2005 = 100, NSA | Monthly |
Real Change in Inventories | 2020 Q4 | -320.2 | -10,162 | Mil. Ch. 2000 RON, NSA | Quarterly |
Change in Inventories | 2020 Q4 | 15,960 | -13,471 | Mil. RON, NSA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Births | Jan 2021 | 13,852 | 15,857 | #, NSA | Monthly |
Deaths | Jan 2021 | 28,390 | 36,116 | #, NSA | Monthly |
Population | 2019 | 19,375,835 | 19,476,713 | Absolute | Annual |
Net Migration | 2017 | -150,000 | # | Annual | |
Birth Rate | 2016 | 9.6 | # per Ths. pop. | Annual | |
Death Rate | 2016 | 13 | 13.2 | # per Ths. pop. | Annual |