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

The Romanian GDP expanded 8.8 percent year-on-year in the third quarter of 2017, in line with second estimates and above a 6.1 percent growth in June quarter, final figures showed. It was the strongest growth since the third quarter 2008, mainly driven by a 12.8 percent rise in private consumption (from 7.7 in Q2), investment (8 percent from 0.2 percent), and government spending (9.8 percent from 6.2 percent). While net exports contributed negatively to growth as exports rose 9.5 percent while imports increased at a faster 11.8 percent. On a seasonally adjusted quarterly basis, the economy advanced 2.6 percent, compared to a 2 percent growth in the June quarter and in line with market estimates. GDP Annual Growth Rate in Romania averaged 2.98 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 TEForecast
2017-11-14 07:00 AM GDP Growth Rate YoY Prel 8.8% 6.1% 5.8% 5.5%
2017-12-05 07:00 AM GDP Growth Rate YoY 2nd Est 8.8% 6.1% 8.8% 8.8%
2018-01-12 07:00 AM GDP Growth Rate YoY Final 8.8% 6.1% 8.8% 8.8%
2018-02-14 07:00 AM GDP Growth Rate YoY Prel 8.60%
2018-03-07 07:00 AM GDP Growth Rate YoY 2nd Est
2018-04-06 06:00 AM GDP Growth Rate YoY Final


Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.60 2.00 6.10 -6.40 percent [+]
GDP Annual Growth Rate 8.80 6.10 10.70 -8.30 percent [+]
GDP 186.69 177.52 208.18 25.12 USD Billion [+]
GDP Constant Prices 39721.70 38485.80 39721.70 19782.80 RON Million [+]
Gross Fixed Capital Formation 9570.20 8708.40 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 3506.20 2823.70 3803.70 1266.70 RON Million [+]
GDP From Construction 2410.40 2290.20 3486.70 954.20 RON Million [+]
GDP From Manufacturing 8509.70 8508.50 8509.70 4750.70 RON Million [+]
GDP From Public Administration 1344.30 1404.60 2038.40 1324.70 RON Million [+]
GDP From Services 10190.50 9921.80 10190.50 3414.30 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.80 6.10 10.70 -8.30 1996 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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