Romania GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Romanian GDP grew 5.7 percent year-on-year in the first quarter of 2017, following a 4.8 percent expansion in the previous period and in line with the preliminary estimate. It was the strongest growth rate since the second quarter of 2016, mainly boosted by a 7.4 percent rise in household consumption. By contrast, fixed investment contracted 0.7 percent and net external demand contributed negatively to growth, as both exports and imports advanced 11.7 percent. Meanwhile, government spending was unchanged. On a quarterly basis, the economy advanced 1.7 percent, following a 1.5 percent expansion in the fourth quarter and matching an earlier estimate. GDP Annual Growth Rate in Romania averaged 2.88 percent from 1996 until 2017, 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 Forecast (i)
2017-04-07 06:00 AM Q4 4.8% 4.3% 4.7% 4.7%
2017-05-16 06:00 AM Q1 5.7% 4.8% 4.4% 4.5%
2017-06-07 06:00 AM Q1 5.7% 4.8% 5.7% 5.7%
2017-07-07 06:00 AM Q1 4.8% 5.7% 5.7%
2017-08-16 06:00 AM Q2 5.2%
2017-09-05 06:00 AM Q2 5.2%




Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 1.50 6.10 -6.40 percent [+]
GDP Annual Growth Rate 5.70 4.80 10.70 -8.30 percent [+]
GDP 177.95 199.49 208.18 25.12 USD Billion [+]
GDP Constant Prices 37860.90 37152.50 37860.90 19782.80 RON Million [+]
Gross Fixed Capital Formation 8193.90 8153.60 16095.90 2701.10 RON Million [+]
GDP per capita 9530.66 9158.52 9530.66 4323.06 USD [+]
GDP per capita PPP 20483.78 19667.01 20483.78 9283.35 USD [+]
GDP From Agriculture 2816.10 2292.00 3803.70 1266.70 RON Million [+]
GDP From Construction 2430.10 2481.20 3486.70 954.20 RON Million [+]
GDP From Manufacturing 8343.70 8076.40 8343.70 4750.70 RON Million [+]
GDP From Public Administration 1414.70 1399.30 2038.40 1324.70 RON Million [+]
GDP From Services 9537.70 9815.60 9815.60 3414.30 RON Million [+]


Romania GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 4.80 10.70 -8.30 1996 - 2017 percent Quarterly
NSA



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17