Macroeconomics
Romania Average Net Salary Grows 7.7% YoY In 2020
The average net salary in Romania increased by 7.7% to 3,217 lei (EUR650) in 2020 compared with 2019, data from the country's statistics board showed Friday.
Romania Private Lending Grows 12.8% YoY To RON309.6B In January-August 2021
Private lending grew by 12.8% in nominal terms to RON309.6 billion in January-August 2021, compared to the same period in 2020, as local currency lending grew by 17.5% and foreign currency l...
Romanian Leu Plunges To New All-Time Low At 4.9495 Versus Euro
The Romanian leu collapsed to a new all-time low against the euro on Wednesday (September 22), as the central bank average reference rate stood at 4.9495 lei to the European currency.
Romanian Unemployment Rate At 5.1% In 2Q/2021
Romania's seasonally adjusted unemployment rate reached 5.1% in the second quarter of 2021, lower by one percentage point compared to the level reported in the previous quarter, data from th...
Romania Construction Works Drop 5.8% On Month In July 2021
The volume of Romanian construction works decreased, as gross series, by 5.8%, in July 2021 compared to June 2021, and by 3.6% as adjusted series according to the number of working days and...
Romania’s Public Debt Reaches 49.3% Of GDP In July 2021
Romania's public debt climbed to RON545.3 billion (EUR110 billion) in July 2021, accounting for 49.3% of the gross domestic product (GDP), per finance ministry data.
Romania Industrial Production Grows 14% YoY In January-July 2021
Romania’s industrial production increased by 14% as gross series in January-July 2021 compared to the same period in 2020, and by 15.1% as series adjusted by number of working days and seaso...
Romania Current Account Gap Widens To EUR9.05B In January-July 2021
Romania's current account balance posted a deficit of EUR9.05 billion in January-July 2021, compared with a deficit of EUR5.35 billion in the same period in 2020, central bank data showed Mo...
Net Investment In Romania Grow Over 10% YoY To RON48.513B In 1H/2021
Net investments in the Romanian economy grew 10.6% in the first half of 2021 compared with the same period in 2020, to RON48.513 billion, data from the country's statistics board showed Frid...