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.

Romania GDP Annual Growth Rate
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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




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 2.90 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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