Romania GDP Growth Rate  1995-2018 | Data | Chart | Calendar | Forecast

Romania's economy stalled in the first quarter of 2018, following a downwardly revised 0.3 percent growth in the previous period. GDP Growth Rate in Romania averaged 0.73 percent from 1995 until 2018, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -7.10 percent in the first quarter of 2009.

Romania GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-07 07:00 AM GDP Growth Rate QoQ 2nd Est 0.6% 2.4% 0.6% 0.6%
2018-04-05 06:00 AM GDP Growth Rate QoQ Final 0.5% 2.4% 0.6% 0.6%
2018-05-15 06:00 AM GDP Growth Rate QoQ Prel 0% 0.3% 0.7%
2018-06-07 06:00 AM GDP Growth Rate QoQ 2nd Est 0.3% 0% 0%
2018-07-06 06:00 AM GDP Growth Rate QoQ Final 0.3%
2018-08-16 06:00 AM GDP Growth Rate QoQ Prel 0.8%


Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.30 6.10 -7.10 percent [+]
GDP Annual Growth Rate 4.00 6.70 10.70 -8.30 percent [+]
GDP 186.69 177.52 208.18 25.12 USD Billion [+]
GDP Constant Prices 40121.20 39721.70 40121.20 19782.80 RON Million [+]
Gross Fixed Capital Formation 11062.30 9570.20 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 2405.30 3506.20 3803.70 1266.70 RON Million [+]
GDP From Construction 2136.10 2410.40 3486.70 954.20 RON Million [+]
GDP From Manufacturing 9183.10 8509.70 9183.10 4750.70 RON Million [+]
GDP From Public Administration 1450.80 1344.30 2038.40 1324.70 RON Million [+]
GDP From Services 10947.90 10190.50 10947.90 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.30 6.10 -7.10 1995 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Spain 0.70 Mar/18
Switzerland 0.60 Dec/17
Netherlands 0.50 Mar/18
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
France 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Japan -0.20 Mar/18
Russia -0.38 Dec/17
Indonesia -0.42 Mar/18


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