Romania GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The Romanian GDP expanded 4 percent year-on-year in the first quarter of 2018, in line with second estimate and following a 6.7 percent growth in the previous period. It was the weakest growth rate since the third quarter of 2015, due to a slowdown in both household consumption (5.9 percent vs 12.3 percent in Q4) and fixed investment (6.3 percent vs 10 percent). On the other hand, government spending continued to fall (-9.4 percent from -9.9 percent). Meantime, net exports contributed negatively to growth as exports rose 8 percent and imports increased at a faster 11.5 percent. On a seasonally adjusted quarterly basis, the economy grew 0.1 percent in the first quarter, above earlier estimates of no growth. GDP Annual Growth Rate in Romania averaged 3.04 percent from 1996 until 2018, reaching an all time high of 10.70 percent in the second quarter of 2008 and a record low of -8.30 percent in the second quarter of 2009.

Romania GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-15 06:00 AM GDP Growth Rate YoY Prel 4% 6.7% 5.4% 5.9%
2018-06-07 06:00 AM GDP Growth Rate YoY 2nd Est 4% 6.7% 4% 4%
2018-07-06 06:00 AM GDP Growth Rate YoY Final 4% 6.7% 4% 4%
2018-08-16 06:00 AM GDP Growth Rate YoY Prel 4% 4.5%
2018-09-05 06:00 AM GDP Growth Rate YoY 2nd Est 4%
2018-10-10 06:00 AM GDP Growth Rate YoY Final 4%


Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.30 6.10 -7.10 percent [+]
GDP Annual Growth Rate 4.00 6.70 10.70 -8.30 percent [+]
GDP 211.80 187.81 213.61 25.12 USD Billion [+]
GDP Constant Prices 40042.90 39932.00 40042.90 19758.70 RON Million [+]
Gross Fixed Capital Formation 10731.20 10825.40 14236.10 3122.20 RON Million [+]
GDP per capita 10932.33 10162.11 10932.33 4331.57 USD [+]
GDP per capita PPP 23313.20 21670.70 23313.20 9237.08 USD [+]
GDP From Agriculture 2896.30 2361.10 3357.30 1795.80 RON Million [+]
GDP From Construction 2136.50 2122.20 3485.00 961.30 RON Million [+]
GDP From Manufacturing 8944.30 9155.30 9155.30 4750.90 RON Million [+]
GDP From Public Administration 1480.10 1452.20 2018.40 1419.80 RON Million [+]
GDP From Services 11326.80 10835.10 11326.80 3400.90 RON Million [+]


Romania GDP Annual Growth Rate

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 the latest reported value for - Romania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 6.70 10.70 -8.30 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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