Romania GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Romania expanded 2.60 percent in the third quarter of 2017 over the previous quarter. GDP Growth Rate in Romania averaged 0.74 percent from 1995 until 2017, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -6.40 percent in the first quarter of 2009.

Romania GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-05 06:00 AM GDP Growth Rate QoQ 2nd Est 1.6% 1.8% 1.6% 1.6%
2017-10-10 06:00 AM GDP Growth Rate QoQ Final 1.7% 1.8% 1.6% 1.6%
2017-11-14 07:00 AM GDP Growth Rate QoQ Prel 2.6% 2.0% 0.8%
2017-12-05 08:00 AM GDP Growth Rate QoQ 2nd Est 1.7% 0.8%


Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.60 2.00 6.10 -6.40 percent [+]
GDP Annual Growth Rate 8.80 6.10 10.70 -8.30 percent [+]
GDP 186.69 177.52 208.18 25.12 USD Billion [+]
GDP Constant Prices 38485.80 37860.90 38485.80 19782.80 RON Million [+]
Gross Fixed Capital Formation 8708.40 8193.90 16095.90 2701.10 RON Million [+]
GDP per capita 10080.97 9564.09 10080.97 4323.06 USD [+]
GDP per capita PPP 21647.81 20537.88 21647.81 9283.32 USD [+]
GDP From Agriculture 2823.70 2816.10 3803.70 1266.70 RON Million [+]
GDP From Construction 2290.20 2430.10 3486.70 954.20 RON Million [+]
GDP From Manufacturing 8508.50 8343.70 8508.50 4750.70 RON Million [+]
GDP From Public Administration 1404.60 1414.70 2038.40 1324.70 RON Million [+]
GDP From Services 9921.80 9537.70 9921.80 3414.30 RON Million [+]


Romania GDP Growth Rate

Romania is an upper-middle income economy and has been part of the European Union since 2007. In recent years, domestic consumption and foreign direct investments have been stimulating Romania's GDP growth. Yet, corruption and red tape continue to be major hurdle for the future development. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (14 percent). Exports of goods and services account for 41 percent of GDP and imports account for 41 percent. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.00 6.10 -6.40 1995 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 3.18 Sep/17
United States 3.00 Sep/17
Turkey 2.10 Jun/17
China 1.70 Sep/17
India 1.40 Jun/17
South Korea 1.40 Sep/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Australia 0.80 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Euro Area 0.60 Sep/17
France 0.50 Sep/17
Italy 0.50 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Japan 0.30 Sep/17
Switzerland 0.30 Jun/17
Brazil 0.20 Jun/17
Mexico -0.20 Sep/17