Romania’s economy contracted by 0.2% year-on-year in the second quarter of 2026, slightly less than initially estimated, following a 1.2% decline in the previous quarter. This marked the second consecutive quarter of annual economic contraction since Q4 2020. Household spending declined by 3.1%, while government spending fell by 1.7%. Meanwhile, gross fixed capital formation climbed by 19.9%, while net external demand increased, with exports rising by 4.0% and imports by 3.0%. On the production side, output declined in mining and quarrying (-3.9%), wholesale and retail trade (-4.3%), information and communication (-2.5%), and public administration and defence (-2.0%). In contrast, the strongest gains were recorded in agriculture, forestry and fishing (6.1%), construction (15.4%), and cultural and recreational activities (12.8%). On a seasonally adjusted quarterly basis, GDP remained unchanged, following a revised 0.1% decline in the previous quarter. source: Institutul National de Statistica

The Gross Domestic Product (GDP) in Romania contracted 0.20 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Romania averaged 2.89 percent from 1996 until 2026, reaching an all time high of 14.70 percent in the second quarter of 2021 and a record low of -10.00 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in Romania contracted 0.20 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Romania is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania GDP Annual Growth Rate is projected to trend around 3.60 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-07 06:00 AM
YoY 2nd Est
Q2 -0.4% -1.2% -0.4% -0.4%
2026-10-09 06:00 AM
YoY Final
Q2 -0.2% -1.2% -0.4% -0.4%
2026-11-13 07:00 AM
YoY Prel
Q3 -1.3%


Related Last Previous Unit Reference
Full Year GDP Growth 0.70 0.90 percent Dec 2025
GDP Growth Rate YoY -0.20 -1.20 percent Jun 2026
GDP Constant Prices 300002.30 300000.70 RON Million Jun 2026
GDP from Agriculture 11981.40 11577.20 RON Million Jun 2026
GDP from Construction 24099.70 22166.10 RON Million Jun 2026
GDP from Manufacturing 43340.20 46331.20 RON Million Jun 2026
GDP from Public Administration 39459.10 41108.00 RON Million Jun 2026
GDP from Services 57487.30 57534.00 RON Million Jun 2026
GDP Growth Rate 0.00 -0.10 percent Jun 2026
Gross Fixed Capital Formation 87933.90 78040.70 RON Million Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -1.20 14.70 -10.00 1996 - 2026 percent Quarterly
NSA

News Stream
Romania GDP Shrinks Less Than Expected in Q2
Romania’s economy contracted by 0.2% year-on-year in the second quarter of 2026, slightly less than initially estimated, following a 1.2% decline in the previous quarter. This marked the second consecutive quarter of annual economic contraction since Q4 2020. Household spending declined by 3.1%, while government spending fell by 1.7%. Meanwhile, gross fixed capital formation climbed by 19.9%, while net external demand increased, with exports rising by 4.0% and imports by 3.0%. On the production side, output declined in mining and quarrying (-3.9%), wholesale and retail trade (-4.3%), information and communication (-2.5%), and public administration and defence (-2.0%). In contrast, the strongest gains were recorded in agriculture, forestry and fishing (6.1%), construction (15.4%), and cultural and recreational activities (12.8%). On a seasonally adjusted quarterly basis, GDP remained unchanged, following a revised 0.1% decline in the previous quarter.
2026-10-09
Romania Q2 GDP Shrinks 0.4%, Confirmed
Romania’s economy shrank by 0.4% year-on-year in the second quarter of 2026, confirming preliminary estimates and following a 1.2% contraction in the first quarter. The latest reading marked the second consecutive quarter of annual economic contraction, although the pace of decline moderated significantly from the previous quarter. Household spending declined 3.1%, while government spending shed 0.8%, and net external demand contributed negatively, as exports rose 1.4% while imports increased 2.6%. By contrast, gross fixed capital formation surged 16.5%. On the production side, output fell mainly in mining and quarrying (-4.2%), wholesale and retail trade (-4.5%), information and communication (-2.8%), and public administration and defense (-2.0%), while the strongest gains were recorded in construction (15.3%) and culture and recreation activities (11.8%). On a seasonally adjusted quarterly basis, the country’s GDP remained unchanged after a 0.1% contraction in the preceding quarter.
2026-09-07
Romania GDP Shrinks Less Than Expected in Q2
Romania’s economy contracted by 0.4% year-on-year in the second quarter of 2026, well below market expectations for a 1.5% decline and easing from a 1.2% downturn in the previous three-month period, according to preliminary estimates. The latest reading marked the second consecutive quarter of annual economic contraction, although the pace of decline moderated significantly from the previous quarter. On a seasonally adjusted quarterly basis, the country’s GDP remained unchanged, following a revised 0.1% decline in the preceding quarter.
2026-08-14