The Gross Domestic Product (GDP) in Romania contracted 12.30 percent in the second quarter of 2020 over the previous quarter.
GDP Growth Rate in Romania averaged 0.63 percent from 1995 until 2020, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -12.30 percent in the second quarter of 2020. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Institutul National de Statistica
GDP Growth Rate in Romania is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Romania to stand at 2.10 in 12 months time. 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.