Macroeconomics
Alpha Bank: Romania's GDP/Capita Up 22% To EUR10,700 In Jan-Sept 2022 - The Highest Growth In The EU
Romania recorded a 22% increase in the gross domestic product (GDP) per capita to EUR10,700 in the first nine months of 2022, the highest growth in the European Union, but keeps the second s...
Foreign Direct Investment In Romania Headed In 2022 Toward Best Year Ever
The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank.
Romania Construction Works Up 34.3% YoY In October 2022
In October 2022, the volume of construction works in Romania rose, in unadjusted data, by 34.3% compared to October 2021 and was up 32.9% when adjusted to the number of working days and to s...
Eurostat: Romania, Bulgaria, Hungary - EU Countries With Lowest Average Salary In 2021
In 2021, among EU member states, the highest average annual adjusted full-time salary was in Luxembourg (EUR72,200), Denmark (EUR63,300) and Ireland (EUR50,300), and the lowest in Bulgaria (...
Romania Current Account Deficit Spikes To EUR23B YoY In January-October 2022
Romania's current account balance posted a deficit of EUR23 billion in January-October 2022, higher by EUR9 billion than in the same period of 2021, central bank data published on Wednesday...
Romania Industrial Production Inches Down 0.9% YoY In January-October 2022
Romania’s industrial production fell by 0.9% in unadjusted data in January-October 2022 versus the same period of 2021 and by 1.4% when adjusted for seasonality and number of working days, d...
Report: Romania Posts VAT Gap Of 35.7% In 2020, Highest In The EU
Romania registered again the highest value-added tax (VAT) gap among European Union (EU) Member States, with 35.7% of VAT revenues going missing in 2020, according to the European Commission...
Romania Average Net Salary Edges Up 0.1% In October 2022 Vs Previous Month
The average net salary in Romania increased by 0.1% in nominal terms in October 2022 compared with September 2022, to 4,008 lei (EUR817), data from the country's statistics board INS showed...
Romania’s Annual Inflation Rate Soars To 16.8% In November 2022
Romania's annual inflation rate climbed to 16.8% in November 2022 as compared to November 2021, data from the country's statistics board INS showed on Tuesday (Dec 13).