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

The Romanian GDP expanded 4.1 percent year-on-year in the second quarter of 2018, in line with preliminary estimates but above a 4 percent growth in March quarter, second estimates showed. The economic growth was driven by a 5.1 percent rise in private consumption (from 5.9 in Q1). In addition, government spending fell 1.5 percent, compared to a 9.4 percent drop in the previous quarter. On the other hand, investment fell 3 percent, after a 6.3 percent rise and net trade contributed negatively to growth as exports rose 5 percent while imports increased at a faster 7.9 percent. On a seasonally adjusted quarterly basis, the economy grew 1.4 percent, compared to a 0.1 percent growth in the March quarter and matching market estimates. GDP Annual Growth Rate in Romania averaged 3.05 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-07-06	06:00 AM	GDP Growth Rate YoY Final	4%	6.7%	4%	4%
2018-08-14	06:00 AM	GDP Growth Rate YoY Prel	4.1%	4%	3.8%	4.5%
2018-09-07	06:00 AM	GDP Growth Rate YoY 2nd Est	4.1%	4%	4.1%	4.1%
2018-10-10	06:00 AM	GDP Growth Rate YoY Final		4%
2018-11-14	07:00 AM	GDP Growth Rate YoY Prel				5.1%
2018-12-05	08:00 AM	GDP Growth Rate YoY 2nd Est

Romania GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.40	0.10	6.10	-7.10	percent	[+]
GDP Annual Growth Rate	4.10	4.00	10.70	-8.30	percent	[+]
GDP	211.80	187.81	213.61	25.12	USD Billion	[+]
GDP Constant Prices	40662.40	40042.90	40662.40	19758.70	RON Million	[+]
Gross Fixed Capital Formation	10417.20	10731.20	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	3095.60	2896.30	3357.30	1795.80	RON Million	[+]
GDP From Construction	2048.50	2136.50	3485.00	961.30	RON Million	[+]
GDP From Manufacturing	9052.80	8944.30	9155.30	4750.90	RON Million	[+]
GDP From Public Administration	1353.20	1480.10	2018.40	1353.20	RON Million	[+]
GDP From Services	11503.90	11326.80	11503.90	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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	4.10	4.00	10.70	-8.30	1996 - 2018	percent	Quarterly	NSA

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
India	8.20	Jun/18	7.7	11.4	-5.2	%	Quarterly
China	6.70	Jun/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.27	Jun/18	5.06	7.16	1.56	%	Quarterly
Turkey	5.20	Jun/18	7.3	11.7	-14.4	%	Quarterly
Singapore	3.90	Jun/18	4.5	19	-8.8	%	Quarterly
Australia	3.40	Jun/18	3.2	9	-3.4	%	Quarterly
Switzerland	3.40	Jun/18	2.9	5.8	-3.7	%	Quarterly
Netherlands	2.90	Jun/18	2.8	6.1	-4.9	%	Quarterly
United States	2.90	Jun/18	2.6	13.4	-3.9	%	Quarterly
South Korea	2.80	Jun/18	2.8	19.6	-7.4	%	Quarterly
Spain	2.70	Jun/18	3	5.6	-4.3	%	Quarterly
Mexico	2.60	Jun/18	1.4	9	-9.1	%	Quarterly
Euro Area	2.10	Jun/18	2.4	5	-5.5	%	Quarterly
Germany	2.00	Jun/18	2.1	7.2	-6.8	%	Quarterly
Canada	1.90	Jun/18	2.3	9.3	-4.1	%	Quarterly
Russia	1.90	Jun/18	1.3	12.1	-11.2	%	Quarterly
France	1.70	Jun/18	2.1	12.6	-3.8	%	Quarterly
United Kingdom	1.30	Jun/18	1.2	9.7	-6.1	%	Quarterly
Italy	1.20	Jun/18	1.4	10.3	-7.2	%	Quarterly
Saudi Arabia	1.15	Mar/18	-1.18	24.2	-20.7	%	Quarterly
Brazil	1.00	Jun/18	1.2	10.1	-5.6	%	Quarterly
Japan	1.00	Jun/18	1	9.4	-8.8	%	Quarterly
South Africa	0.40	Jun/18	0.8	7.1	-2.6	%	Quarterly
Argentina	-4.20	Jun/18	3.9	16.2	-16.3	%	Quarterly