GDP
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BT Analyst: Private Consumption, Main Component Of GDP, To Grow 5.3% In 2019, Moderate To 5% In 2020-2021
Private consumption, the main component of the gross domestic product (GDP), will grow 5.3% in 2019, a rate close to last year’s, but it will moderate to 5% in 2020 and 2021, respectively, a...
Eurostat: Romania Posts Highest Government Debt-To-GDP Ratio In EU, In 4Q/2018
Romania’s government debt reached 0.8% of the gross domestic product in the fourth quarter of 2018, compared with the third quarter of 2018, being the country with the biggest increase in go...
Dan Bucsa, UniCredit: Consumption, A Determining Factor For Romania’s GDP Growth In 2019
Consumption will have the biggest contribution inRomania's gross domestic product (GDP) in 2019, and investments will not contribute to the economic growth this year either, UniCredit chief...
Romanian Agriculture Sector Accounted for 4.3% of GDP Growth in 2018
The Romanian agricultural sector contributed 4.3% of the country's economic growth in 2018, compared with 4.4% in 2017, according to a study by Euler Hermes.
BT: Share Of Current Account Deficit In GDP May Decrease To 4.2% In 2019, From 4.5% In 2018
The share held by the current account deficit in the gross domestic product (GDP) may decrease to 4.2% in 2019 from 4.5% in 2018, against the backdrop of the economy performing below the pot...
Romania’s Wage Bill up to EUR80B in 2018, Its Highest Level Ever
Romania had a wage bill (total wages plus payroll taxes) of EUR80.3 billion in 2018, up EUR12 billion over 2017 and its highest ever. Its growth in 2018 over 2017 was the highest in Europe,...
Romania's GDP Grows 7% in Real Terms in 2017
Romania's gross domestic product grew 7% in real terms in 2017 compared with 2016, a semi-definitive reading from the country's statistics board showed Thursday.
Romania Has the Potential to Double Its GDP in Ten Years
Romania can double its gross domestic product (GDP) from about EUR200 billion as estimated this year to EUR400 billion in ten years, provided that it invest in the road infrastructure and th...
Romania’s Economy Grew More Than China’s or Japan’s in 1913-2013
Over a century, between 1913 and 2013, Romania’s GDP per capita rose faster than China’s or Japan’s, as the room for growth was greater. Back in 1913, Romania’s GPD per capita was 10% of the...