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GDP

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Statistical Office: Romania's GDP Per Capita Calculated On The Basis Of PPP At 78% Of EU Average In 2023
Macroeconomics

Statistical Office: Romania's GDP Per Capita Calculated On The Basis Of PPP At 78% Of EU Average In 2023

Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) averag...

Ecaterina Craciun · 17.01.2025 · 13:31 · 3 min
ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
Macroeconomics

ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of...

Loredana Frățilă-Cristescu · 15.10.2024 · 15:10 · 1 min
INS Upwardly Revises Romania’s Q1/2024 GDP Growth
Macroeconomics

INS Upwardly Revises Romania’s Q1/2024 GDP Growth

Romania’s statistics board INS upwardly revised the country’s economic growth for the first quarter of 2024 against the same quarter of 2023 to 0.5% from 0.1% estimated in the May report.

Loredana Frățilă-Cristescu · 08.07.2024 · 13:21 · 2 min
Eurostat: Romania Recorded One Of Highest Government Debt To GDP Ratios In EU In 2023
Macroeconomics

Eurostat: Romania Recorded One Of Highest Government Debt To GDP Ratios In EU In 2023

Romania had one of the government deficit to Gross Domestic Product ratios in the European Union in 2023, 6.6%, behind only Hungary and Italy, while its government debt to GDP ratio was lowe...

Loredana Frățilă-Cristescu · 22.04.2024 · 20:59 · 1 min
Romania's Public Debt Exceeded RON800B Threshold, Over 50% Of GDP, In January 2024
Macroeconomics

Romania's Public Debt Exceeded RON800B Threshold, Over 50% Of GDP, In January 2024

Romania's government debt reached RON802 billion in January 2024, in line with the latest finance ministry data.

Ecaterina Craciun · 03.04.2024 · 22:32 · 1 min
Romania's Central Bank Anticipates More Pronounced Acceleration Of Country's Economic Growth In 2024 And 2025
Banks-Insurance

Romania's Central Bank Anticipates More Pronounced Acceleration Of Country's Economic Growth In 2024 And 2025

Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of...

Ecaterina Craciun · 26.02.2024 · 15:06 · 15 min
CFA Analysts Forecast 5.78% Inflation, Expect Leu to Reach 5.0781 Units Per Euro in Next 12 Months
Macroeconomics

CFA Analysts Forecast 5.78% Inflation, Expect Leu to Reach 5.0781 Units Per Euro in Next 12 Months

Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0781 units/euro in the next 12 months, while the estimated rate o...

Cristina Bellu · 29.01.2024 · 10:35 · 1 min
INS Revises Romania’s Economic Growth From 4.7% To 4.1% In 2022
Macroeconomics

INS Revises Romania’s Economic Growth From 4.7% To 4.1% In 2022

The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute annou...

Loredana Frățilă-Cristescu · 21.12.2023 · 13:11 · 1 min
CFA Romania Analysts Project 6.28% Inflation, Expect Leu to Fall to 5.0541 Units/Euro in Next 12 Months
Macroeconomics

CFA Romania Analysts Project 6.28% Inflation, Expect Leu to Fall to 5.0541 Units/Euro in Next 12 Months

Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average...

Roxana Dumitru Rosu - Mediafax · 24.11.2023 · 10:43 · 1 min