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GDP

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Romania's GDP Grows 5.6% YoY In 2021
Macroeconomics

Romania's GDP Grows 5.6% YoY In 2021

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday.

Ecaterina Craciun · 15.02.2022 · 11:22 · 1 min
ANIS: Romania’s Software And IT Industry Contributes EUR13.6B To Country’s GDP
Technology &Telecoms

ANIS: Romania’s Software And IT Industry Contributes EUR13.6B To Country’s GDP

Romania’s software and services industry contributes approximately 6.2% to the country’s gross domestic product (GDP), which amounts to almost EUR13.6 billion. as per a survey by the company...

Ecaterina Craciun · 09.02.2022 · 14:59 · 3 min
Romania’s Public Debt Drops By RON4B To RON552.4B On Month In October 2021
Macroeconomics

Romania’s Public Debt Drops By RON4B To RON552.4B On Month In October 2021

Romania’s public debt has decreased by RON4 billion to RON552.4 billion, or 48.2% of the country's gross domestic product (GDP), in October 2021, as compared to RON556.4 billion, or 48.5% of...

Ecaterina Craciun · 16.12.2021 · 17:37 · 1 min
Romania’s Public Debt Higher By RON57B Since Beginning Of 2021 Up To RON556.4B
Macroeconomics

Romania’s Public Debt Higher By RON57B Since Beginning Of 2021 Up To RON556.4B

Romania’s public debt has increased by RON57 billion since the beginning of 2021 and reached RON556.4 billion, namely, 50.2% of Romania’s gross domestic product (GDP) in the last four quarte...

Ecaterina Craciun · 07.12.2021 · 18:15 · 1 min
OTP Bank Sees Romania’s Economy Growing By 7.2% In 2021
Macroeconomics

OTP Bank Sees Romania’s Economy Growing By 7.2% In 2021

Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy...

Ecaterina Craciun · 02.12.2021 · 20:06 · 1 min
Eurostat: GDP Up By 2.1%, Employment Up By 0.7% In The EU
Macroeconomics

Eurostat: GDP Up By 2.1%, Employment Up By 0.7% In The EU

In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the st...

Ecaterina Craciun · 08.09.2021 · 11:02 · 3 min
Construction Industry Reached 416,000 Employees in 2020, a Decade High
Analysis

Construction Industry Reached 416,000 Employees in 2020, a Decade High

The number of workers in constructions, an industry pummeled by labour shortages in recent years, last year went beyond the 400,000 threshold, reaching over 416,000 people, in line with data...

Alina-Elena Vasiliu · 24.08.2021 · 10:35 · 1 min
Eurostat: Romania Had One Of Largest Increases In Government Debt-To-GDP Ratio In EU, In 4Q/2020
Macroeconomics

Eurostat: Romania Had One Of Largest Increases In Government Debt-To-GDP Ratio In EU, In 4Q/2020

Romania’s government debt reached 4.2% of the gross domestic product (GDP) in the fourth quarter of 2020, compared with the third quarter of 2020, being the country with one of the largest i...

Ecaterina Craciun · 26.04.2021 · 10:06 · 2 min
Romania Real GDP Contraction Reconfirmed at 3.9% in 2020
Macroeconomics

Romania Real GDP Contraction Reconfirmed at 3.9% in 2020

Romania's gross domestic product contracted by 3.9% in real terms in 2020 compared with 2019, a second reading from the country's statistics board confirmed Thursday.

Oana Gavrila · 08.04.2021 · 10:10 · 1 min