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

Romania's gross domestic product grew 6.7 percent year-on-year in the fourth quarter of 2017, below the second estimate of 6.9 percent and easing from a 8.8 percent expansion in the previous period. Growth was driven by household consumption (12.3 percent vs 12.4 percent in Q3) and fixed investment (10 percent vs 6.2 percent). On the other hand, government spending shrank 9.9 percent (vs 1.8 percent in Q3) and net exports contributed negatively to GDP growth as imports jumped 11.9 percent while exports rose at a slower 8.8 percent. On a seasonally adjusted quarterly basis, the economy advanced 0.5 percent, compared to a 2.4 percent growth in the September quarter and slightly below the second estimate of 0.6 percent. For full 2017, the economy grew 6.9 percent, faster than 4.8 percent in 2016. GDP Annual Growth Rate in Romania averaged 3.03 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-02-14	07:00 AM	GDP Growth Rate YoY Prel	6.9%	8.8%	7%	7.9%
2018-03-07	07:00 AM	GDP Growth Rate YoY 2nd Est	6.9%	8.8%	6.9%	6.9%
2018-04-05	06:00 AM	GDP Growth Rate YoY Final	6.7%	8.8%	6.9%	6.9%
2018-05-16	06:00 AM	GDP Growth Rate YoY Prel		6.7%		6.4%
2018-06-07	06:00 AM	GDP Growth Rate YoY 2nd Est		6.7%
2018-07-06	06:00 AM	GDP Growth Rate YoY Final		6.7%

Romania GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.50	2.40	6.10	-6.40	percent	[+]
GDP Annual Growth Rate	6.70	8.80	10.70	-8.30	percent	[+]
GDP	186.69	177.52	208.18	25.12	USD Billion	[+]
GDP Constant Prices	40121.20	39721.70	40121.20	19782.80	RON Million	[+]
Gross Fixed Capital Formation	11062.30	9570.20	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	2405.30	3506.20	3803.70	1266.70	RON Million	[+]
GDP From Construction	2136.10	2410.40	3486.70	954.20	RON Million	[+]
GDP From Manufacturing	9183.10	8509.70	9183.10	4750.70	RON Million	[+]
GDP From Public Administration	1450.80	1344.30	2038.40	1324.70	RON Million	[+]
GDP From Services	10947.90	10190.50	10947.90	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 April of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6.70	8.80	10.70	-8.30	1996 - 2017	percent	Quarterly	NSA

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	7.30	Dec/17	11.3	11.7	-14.4	%	Quarterly
India	7.20	Dec/17	6.5	11.4	-5.2	%	Quarterly
China	6.80	Mar/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.19	Dec/17	5.06	7.16	1.56	%	Quarterly
Spain	3.10	Dec/17	3.1	5.6	-4.3	%	Quarterly
Canada	2.90	Dec/17	3	8.8	-4.1	%	Quarterly
Germany	2.90	Dec/17	2.7	7.2	-6.8	%	Quarterly
Netherlands	2.90	Dec/17	3	6.1	-4.9	%	Quarterly
South Korea	2.80	Dec/17	3.8	20.8	-7.3	%	Quarterly
Euro Area	2.70	Dec/17	2.7	5	-5.5	%	Quarterly
United States	2.60	Dec/17	2.3	13.4	-4.1	%	Quarterly
France	2.50	Dec/17	2.3	12.5	-3.8	%	Quarterly
Australia	2.40	Dec/17	2.9	9	-3.5	%	Quarterly
Brazil	2.10	Dec/17	1.4	10.1	-5.6	%	Quarterly
Japan	2.00	Dec/17	1.9	9.4	-8.8	%	Quarterly
Switzerland	1.90	Dec/17	1.2	5.8	-3.4	%	Quarterly
Italy	1.60	Dec/17	1.7	10.3	-7.2	%	Quarterly
Mexico	1.50	Dec/17	1.6	9	-9.1	%	Quarterly
United Kingdom	1.40	Dec/17	1.8	9.7	-5.9	%	Quarterly
Russia	0.90	Dec/17	2.2	12.1	-11.2	%	Quarterly