Romania Gdp Growth Rate

Gdp annual growth rate in romania averaged 3 26 percent from 1996 until 2020 reaching an all time high of 12 60 percent in the fourth quarter of 2004 and a record low of 7 40 percent in the third quarter of 1997. Gdp growth yoy 4 1 6 0. In the long term the romania gdp growth rate is projected to trend around 1 70 percent in 2021 and 1 10 percent in 2022 according to our econometric models.

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Romania Gross Domestic Product Gdp Growth Rate 2021 Statista

Romania Gdp Growth Rate 1995 2019 Data 2020 2022 Forecast

Romania Gdp Annual Growth Rate 1996 2019 Data 2020 2022

Romania Gross Domestic Product Gdp Growth Rate 2021 Statista

Eurostat Romania Recorded In 2017 The Highest Growth Rate In Eu

Gdp Growth Rate Romania

In recent years romania enjoyed some of the highest growth rates in the eu.

Romania gdp growth rate. Real gdp constant inflation adjusted of romania reached 216 332 688 152 in 2017. Romania s gdp growth was strong in 2019 at 4 1 percent driven by private consumption and an investment rebound. 4 8 in 2016 7 1 in 2017 4 4 in 2018 and 4 1 in 2019. Gross domestic product gdp growth rate in romania 2021 published by h.

Romania gdp growth rate for 2018 was 4 44 a 2 67 decline from 2017. Economic forecast for romania. World bank national accounts data and oecd national accounts data files. Gdp growth annual romania.

The commission publishes a full set of macroeconomic forecasts for the eu and its member states in spring may and autumn november and publishes interim forecasts updating gdp and inflation figures in winter february and summer july. Romania gdp growth rate for 2017 was 7 11 a 2 31 increase from 2016. Romania economic growth for 2018 was 241 63b a 14 14 increase from 2017. In 2019 its gdp per capita in purchasing power standards reached 69 of the european union average up from 44 in 2007 the highest growth rate in the eu27.

The situation abruptly shifted in early 2020 due to the impact of the covid 19 pandemic on the health sector businesses the labor market and households. Romania gdp growth rate for 2016 was 4 80 a 0 93 increase from 2015. Romania economic growth for 2016 was 188 49b a 5 96 increase from 2015. Economic forecast for romania.

Gdp growth rate in 2017 was 7 26 representing a change of 14 642 667 609 us over 2016 when real gdp was 201 690 020 543. The labor market tightened and unemployment reached historic lows. Romania economic growth for 2017 was 211 70b a 12 31 increase from 2016. Plecher may 19 2020 the statistic shows the growth in real gdp in romania from between 2009 to 2019 with projections up.