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GDP GROWTH

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Statistics Board: Romania's Economy Edges Up 0.1% YoY In Q1/2024
Macroeconomics

Statistics Board: Romania's Economy Edges Up 0.1% YoY In Q1/2024

Romania's economy inched up 0.1%, in unadjusted data, and grew by 1.8% In seasonally adjusted data, in the first quarter of 2024 compared to the same period of 2023, in line with provisional...

Ecaterina Craciun · 07.06.2024 · 15:52 · 1 min
Statistics Board: Romania's Economy Inches Up 0.1% YoY In Q1/2024
Macroeconomics

Statistics Board: Romania's Economy Inches Up 0.1% YoY In Q1/2024

Romania's economy grew by just 0.1%, in unadjusted data, in the first quarter of 2024 compared to the same period of 2023, data from the country's statistics board INS showed on Wednesday (M...

Ecaterina Craciun · 15.05.2024 · 14:27 · 1 min
Statistics Board's Final Data: Romania's Economy Grows 2.1% In 2023 vs 2022
Macroeconomics

Statistics Board's Final Data: Romania's Economy Grows 2.1% In 2023 vs 2022

Romania ended 2023 with gross domestic product (GDP) of RON1,605 billion (EUR321 billion), higher by 2.1% compared to 2022, in line with data reconfirmed on April 9, 2024 by the country's st...

Ecaterina Craciun · 09.04.2024 · 14:44 · 1 min
Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%
Macroeconomics

Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%

Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018.

Ecaterina Craciun · 20.03.2024 · 00:59 · 1 min
Statistics Board Revises Romania’s 2023 Economic Growth To 2.1% From 2%
Macroeconomics

Statistics Board Revises Romania’s 2023 Economic Growth To 2.1% From 2%

Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the c...

Ecaterina Craciun · 08.03.2024 · 22:14 · 2 min
OTP Bank Analysis: Romania's GDP Growth To Accelerate To 2.8% In 2024, Budget Deficit To Stay Close To 6% Of GDP
Macroeconomics

OTP Bank Analysis: Romania's GDP Growth To Accelerate To 2.8% In 2024, Budget Deficit To Stay Close To 6% Of GDP

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an anal...

Ecaterina Craciun · 14.02.2024 · 16:07 · 3 min
Romania's Economy Grows 2% In 2023, Half The 4.1% Growth Rate In 2022
Macroeconomics

Romania's Economy Grows 2% In 2023, Half The 4.1% Growth Rate In 2022

Romania's economy increased at a 2% annualized pace in 2023 in real terms (in unadjusted data), which is half the 4.1% growth rate reported in 2022, and way below the increase of 5.7% report...

Ecaterina Craciun · 14.02.2024 · 14:55 · 1 min
KPMG: Global GDP Growth May Ease Slightly To 2.2% In 2024 Vs 2.6% In 2023, But Return To 2.6% Growth Seen In 2025
Macroeconomics

KPMG: Global GDP Growth May Ease Slightly To 2.2% In 2024 Vs 2.6% In 2023, But Return To 2.6% Growth Seen In 2025

A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025.

Ecaterina Craciun · 15.01.2024 · 14:46 · 4 min
Statistics Board Confirms Romania’s GDP Growth Of 1.1% For Q3/2023 And Of 1.4% For Jan-Sept 2023
Macroeconomics

Statistics Board Confirms Romania’s GDP Growth Of 1.1% For Q3/2023 And Of 1.4% For Jan-Sept 2023

Romania's statistics board INS on Friday (January 12) confirmed the data regarding the country's economic growth in the third quarter of 2023, at 1.1%, and in the first nine months of 2023,...

Ecaterina Craciun · 12.01.2024 · 17:23 · 1 min