Romania Economic Statistics and Indicators

28, Apr 2017, EDT. Welcome to the Romania economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Romania › Change country
National or Regional Currency: Romanian Leu, ROL
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2021
Date of Last Update: 30th June 2016
Population: 21,729,871 (July 2014 est.)
Area: total: 238,391 sq km ; land: 229,891 sq km ; water: 8,500 sq km
Natural Resources: petroleum (reserves declining), timber, natural gas, coal, iron ore, salt, arable land, hydropower
Capital: name: Bucharest ; geographic coordinates: 44 26 N, 26 06 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

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. The country emerged in 2000 from a punishing three-year recession due to strong demand in EU export markets. Domestic consumption and investment fueled strong GDP growth, but led to large current account imbalances. 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. As a result of the global financial crisis, Romania signed on to a $26 billion emergency assistance package from the IMF, the EU, and other international lenders. GDP contracted from 2009 to 2011. In March 2011, Romania and the IMF/EU/World Bank signed a 24-month precautionary stand-by agreement, worth $6.6 billion, to promote fiscal discipline, encourage progress on structural reforms, and strengthen financial sector stability. In September 2013, the Romanian authorities and the IMF/EU agreed to a follow-on stand-by agreement, worth $5.4 billion, to continue with reforms, although Bucharest announced that it does not intend to draw funds under the agreement. Economic growth accelerated in 2013, driven by strong industrial exports and an excellent agricultural harvest; in December 2013 inflation dropped to a historical low annual rate of 1.6%; and the current account deficit was reduced substantially. Yet, progress on structural reforms is uneven and the economy still is vulnerable to shocks.

Economic Indicator Listing
  For Romania in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.737 %
GDP (Current Prices, National Currency)ROL 710.267 Billion.
GDP (Current Prices, US Dollars)US$ 177.315 Billion
GDP Deflator 118.296 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)ROL 30,158.04 .
GDP Per Capita (Current Prices, National Currency)ROL 35,675.65 .
GDP Per Capita (Current Prices, US Dollars)US$ 8,906.30
GDP (PPP), US DollarsUS$ 413.846 Billion
GDP Per Capita (PPP), US DollarsUS$ 20,786.86
GDP Share of World Total (PPP) 0.365 %
Implied PPP Conversion Rate 1.716
Investment (% of GDP) 25.464 %
Gross National Savings (% of GDP) 24.364 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 114.241 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.596 %
Inflation, End of Year (Indexed to Year 2000) 113.542 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -0.947 %
Import Volume of All Items Including Goods and Services (Percent Change) 8.269 %
Import Volumes of Goods Only (Percent Change) 8.069 %
Export Volume of All Items Including Goods and Services (Percent Change) 6.347 %
Export Volumes of Goods Only (Percent Change) 6.901 %
Unemployment Rate (% of Labour Force) 6.783 %
Population 19.909 Million
General government revenue (National Currency)ROL 233.554 Billions.
General government revenue (% of GDP) 32.883 %
General government total expenditure (National Currency)ROL 243.916 Billions.
General government total expenditure (% of GDP) 34.341 %
Total Government Net Lending/ Borrowing (National Currency)ROL -10.361 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.459 %
General Government Structural Balance (National Currency)ROL -4.699 Billion.
General Government Structural Balance (% Potential GDP) -0.656 %
Fiscal Year Gross Domestic Product, Current PricesROL 710.267 Billions.
Current Account Balance (US Dollars)US$ -1.95 Billion
Current Account Balance (% GDP) -1.1 %
Economic Indicators for Romania 2015

GDP (Constant Prices, National Currency) for Romania in year 2015 is ROL 600.416 Billion.

GDP Growth (Constant Prices, National Currency) for Romania in year 2015 is 3.737 %.

GDP (Current Prices, National Currency) for Romania in year 2015 is ROL 710.267 Billion.

GDP (Current Prices, US Dollars) for Romania in year 2015 is US$ 177.315 Billion.

GDP Deflator for Romania in year 2015 is 118.296 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Romania in year 2015 is ROL 30,158.04 .

GDP Per Capita (Current Prices, National Currency) for Romania in year 2015 is ROL 35,675.65 .

GDP Per Capita (Current Prices, US Dollars) for Romania in year 2015 is US$ 8,906.30 .

GDP (PPP), US Dollars for Romania in year 2015 is US$ 413.846 Billion.

GDP Per Capita (PPP), US Dollars for Romania in year 2015 is US$ 20,786.86 .

GDP Share of World Total (PPP) for Romania in year 2015 is 0.365 %.

Implied PPP Conversion Rate for Romania in year 2015 is 1.716 .

Investment (% of GDP) for Romania in year 2015 is 25.464 %.

Gross National Savings (% of GDP) for Romania in year 2015 is 24.364 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Romania in year 2015 is 114.241 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Romania in year 2015 is -0.596 %.

Inflation, End of Year (Indexed to Year 2000) for Romania in year 2015 is 113.542 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Romania in year 2015 is -0.947 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Romania in year 2015 is 8.269 %.

Import Volumes of Goods Only (Percent Change) for Romania in year 2015 is 8.069 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Romania in year 2015 is 6.347 %.

Export Volumes of Goods Only (Percent Change) for Romania in year 2015 is 6.901 %.

Unemployment Rate (% of Labour Force) for Romania in year 2015 is 6.783 %.

Population for Romania in year 2015 is 19.909 Million .

General government revenue (National Currency) for Romania in year 2015 is ROL 233.554 Billions.

General government revenue (% of GDP) for Romania in year 2015 is 32.883 %.

General government total expenditure (National Currency) for Romania in year 2015 is ROL 243.916 Billions.

General government total expenditure (% of GDP) for Romania in year 2015 is 34.341 %.

Total Government Net Lending/ Borrowing (National Currency) for Romania in year 2015 is ROL -10.361 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Romania in year 2015 is -1.459 %.

General Government Structural Balance (National Currency) for Romania in year 2015 is ROL -4.699 Billion.

General Government Structural Balance (% Potential GDP) for Romania in year 2015 is -0.656 %.

Fiscal Year Gross Domestic Product, Current Prices for Romania in year 2015 is ROL 710.267 Billions.

Current Account Balance (US Dollars) for Romania in year 2015 is US$ -1.95 Billion.

Current Account Balance (% GDP) for Romania in year 2015 is -1.1 %.

* Source: IMF
Aggregate Indicators for Romania
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Romania
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Romania
  Natural Resources, Agricultural Products, Land Use and Water Use for Romania
  Nationality, Ethnic Groups, Languages and Religions for Romania
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Romania
  Age Structure, Median Age, Gender and Urbanization for Romania
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Romania
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Romania
  HIV, AIDS and Other Major Infectious Disease Rates for Romania
  Literacy Rate, Educational Expenditure and School Life Expectancy for Romania
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Romania
  Industries and Industrial Growth Production Rate for Romania
  Labor Force by Occupation for Romania
  Poverty Line, Gini Index, Household Income and Consumption for Romania
  National Budget and Public Debt for Romania
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Romania
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Romania
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Romania
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Romania
  Foreign Exchange Reserves and Gold Reserves for Romania
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Romania
  Exchange Rate Statistics for Romania
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Romania
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Romania
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Romania
  Television and Radio Statistics (TV Stats, Radio Stats) for Romania
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Romania
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Romania
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Romania
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Romania
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Romania
* Source: CIA
Internet Indicators for Romania
Indicators
  Number of Internet Users for Romania
  Internet Penetration Rate for Romania
  Number of Facebook Accounts for Romania
  Facebook Penetration Rate for Romania
* Source: IWS
Economic Freedom Indicators for Romania
Indicators
  Economic Freedom World Rank for Romania
  Government Spending for Romania
  Monetary Freedom for Romania
  Investment Freedom for Romania
  Financial Freedom for Romania
  Property Rights for Romania
  Economic Freedom Regional Ranking for Romania
  Freedom from Corruption for Romania
  Labor Freedom for Romania
  Tariff Rate for Romania
  Income Tax Rate for Romania
  Corporate Tax Rate for Romania
  Tax Burden % of GDP for Romania
  Government Expenditure % of GDP for Romania
  Business Freedom for Romania
  Trade Freedom for Romania
  Fiscal Freedom for Romania
  2016 Score for Romania
* Source: HFO
Corruption Perceptions Index Rank and Score for Romania
Indicator
  Corruption Perceptions Index Rank and Score for Romania
* Source: TIO
Romania Economic Indicators in other Years
  Romania Economic Indicators for Year 2021 (Forecast)
  Romania Economic Indicators for Year 2020 (Forecast)
  Romania Economic Indicators for Year 2019 (Forecast)
  Romania Economic Indicators for Year 2018 (Forecast)
  Romania Economic Indicators for Year 2017 (Forecast)
  Romania Economic Indicators for Year 2016 (Forecast)
Romania Economic Indicators for Year 2015 (Current)
  Romania Economic Indicators for Year 2014
  Romania Economic Indicators for Year 2013
  Romania Economic Indicators for Year 2012
  Romania Economic Indicators for Year 2011
  Romania Economic Indicators for Year 2010
  Romania Economic Indicators for Year 2009
  Romania Economic Indicators for Year 2008
  Romania Economic Indicators for Year 2007
  Romania Economic Indicators for Year 2006
  Romania Economic Indicators for Year 2005
  Romania Economic Indicators for Year 2004
  Romania Economic Indicators for Year 2003
  Romania Economic Indicators for Year 2002
  Romania Economic Indicators for Year 2001
  Romania Economic Indicators for Year 2000
  Romania Economic Indicators for Year 1999
  Romania Economic Indicators for Year 1998
  Romania Economic Indicators for Year 1997
  Romania Economic Indicators for Year 1996
  Romania Economic Indicators for Year 1995
  Romania Economic Indicators for Year 1994
  Romania Economic Indicators for Year 1993
  Romania Economic Indicators for Year 1992
  Romania Economic Indicators for Year 1991
  Romania Economic Indicators for Year 1990
  Romania Economic Indicators for Year 1989
  Romania Economic Indicators for Year 1988
  Romania Economic Indicators for Year 1987
  Romania Economic Indicators for Year 1986
  Romania Economic Indicators for Year 1985
  Romania Economic Indicators for Year 1984
  Romania Economic Indicators for Year 1983
  Romania Economic Indicators for Year 1982
  Romania Economic Indicators for Year 1981
  Romania Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International