GDP
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Convergence Program: Romania GDP Seen Down 14.4% In 2Q/2020; Return To Slight Economic Growth Expected In 3Q
Romania’s gross domestic product (GDP) is expected to contract 14.4% in the second quarter of 2020 (April-June), followed by return to slight growth, of nearly 1%, in the third quarter of 20...
eMAG CEO: Digital Economy Contributes Over 6% To Romania’s GDP
The digital economy, from the online commerce to mobile payments, contributes over 6% to Romania’s gross domestic product (GDP), but the intelligently directed investments may boost this per...
Raiffeisen Bank Chief Economist Says Govt GDP Growth Forecast Is Overly Optimistic
The Romanian government's economic growth projection of 1.9% of GDP for this year is overly optimistic, Raiffeisen Bank chief economist Ionut Dumitru told Ziarul Financiar.
ING Bank Forecasts 0.9% Economic Contraction For Romania In 2020
ING Bank has revised downward its growth forecast for Romania’s economy, expecting an economic contraction of 0.9% for 2020. The bank also revised its estimations for the region, amid the co...
Profit Tax Revenue Doubled In Ten Years, Shrank As Percentage Of GDP
The state budget revenue from profit tax has doubled in the past ten years, going from 10 billion lei (over EUR2 billion) to more than RON19 billion estimated for 2020.
BT Analyst: Private Consumption, Main Component Of GDP, To Slow Down Growth At 5% In 2020
Private consumption, the main component of the gross domestic product (GDP), will be slowing down its annual growth rate, from 7.3% in 2018, to 5.3% in 2019 and 5% in 2020, respectively, ami...
UniCredit Bank Sees Romania’s GDP Growth At 4.2% In 2019
Romania's gross domestic product (GDP) is expected to grow 4.2% in 2019 and 2.6% in 2020, against the backdrop of increased activity in the construction sector and of a laxer fiscal policy,...
Eurostat: Romania Had Lowest Ratio Of Healthcare Expenditure To GDP In EU In 2016
Romania allocated 5% of the gross domestic product (GDP) for healthcare in 2016, ranking last among European Union Member States, Eurostat, the statistical office of the European Union, said...
BT: Romania GDP May Slow Down Growth Rate From 4.1% In 2018 To 3.8% In 2019 And 3.3% In 2020
Romania’s gross domestic product moderated at 4.4% year-over-year in the second quarter of 2019, from 5% in the first quarter, amid global economic tensions, an evolution below the potential...