Macroeconomics
Romania’s Economy Grew More Than China’s or Japan’s in 1913-2013
Over a century, between 1913 and 2013, Romania’s GDP per capita rose faster than China’s or Japan’s, as the room for growth was greater. Back in 1913, Romania’s GPD per capita was 10% of the...
Eurostat: Romania Posts Second Highest GDP Growth In EU In 3Q/2018
Romania was the European Union's second highest growing economy in the third quarter of 2018, with 1.9% GDP growth compared with the second quarter, according to data provided by Eurostat, t...
Romania GDP Grows 4.3% on Year in 3Q
Romania's gross domestic product grew 4.3% in the third quarter of 2018 compared with the third quarter last year, a second reading by the country's statistics board showed Friday.
BT Analyst: Annual Dynamic Of Private Consumption To Decelerate To 6% In 2018, Vs 10.1% In 2017
The annual dynamic of private consumption will moderate in the upcoming years, falling to 6% in 2018, to 5% in 2019 and 4.6% in 2020, following a major advance in 2017, of 10.1%, stated Andr...
Isarescu Says Romania's Economy Refuses To Collapse
Romanian central bank governor Mugur Isarescu expressed optimism during a conference on Monday regarding the evolution of the country’s economy, while also admitting to some of its shortcomi...
Romania Had Second Lowest Tax-to-GDP Ratio in EU in 2017, of 25.8%
Romania had a tax-to gross domestic product ratio of 25.8% in 2017, the second lowest level among European Union member states, down from 26.5% in 2016, Eurostat data showed.
Romania Unemployment Rate at 4% in October
Romania's seasonally adjusted unemployment rate inched up to 4% in October from 3.9% in September, data from the country's statistics board showed Thursday.
Finance Minister: 2019 Budget Will Be Forwarded To Parliament By Mid-December
Romanian finance minister Eugen Teodorovici said Tuesday the 2019 state budget bill would be sent to Parliament for approval by mid-December, adding the budget will be “more strictly constru...
Romania's Budget Deficit at 2.2% of GDP in Jan-Oct, Finance Minister Says
Romania's consolidated budget posted a deficit of 2.2% of gross domestic product in January-October, finance minister Eugen Teodorovici said Tuesday, adding the country won't exceed the 3% d...