Macroeconomics
Eurostat: Romania Ranks 21st Among the 27 EU Member States by GDP Per Capita, Ahead of Hungary, Croatia, Slovakia, Latvia, Greece, Bulgaria
Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia,...
Romania Private Lending Up 4.9% YoY To RON383B In February 2024
Private lending in Romania went up 4.9% to RON383 billion in February 2024 compared with February 2023, central bank data showed on Tuesday (March 26, 2024).
INS: Romania Construction Works Down 77% In January 2024 From December 2023
The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to sea...
Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%
Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018.
INS: Employment Rate For Working Age Population Hit 63% In Q4/2023, Lower By 0.3 Percentage Points Vs Q3/2023
The employment rate for the working age population (15-64 years) was 63% in the fourth quarter of 2023, decreasing by 0.3 percentage points compared to the third quarter of 2023, data from R...
Romania's Current Account Deficit Nearly Doubles YoY To EUR1.35B In January 2024
Romania's current account deficit stood at EUR1.35 billion in January 2024, almost double the EUR760 million level reported in January 2023, central bank data showed on Friday (March 15, 202...
Romania Average Net Salary Down 4.3% In January 2024 vs December 2023
The average net salary in Romania decreased by 4.3% in nominal terms in January 2024 compared to December 2023, to 4,859 (EUR991), data from the country's statistics board INS showed on Thur...
Statistics Board: Romania's Industrial Production Drops 4% YoY In January 2024
Romania’s industrial production decreased by 4% in unadjusted data in January 2024 versus January 2023 and by 3.9% when adjusted for seasonality and the number of working days, data from the...
Romania's Annual Inflation Slows To 7.2% In February 2024
Romania's annual inflation grew at a slower pace in February 2024, by 7.2% compared to February 2023, data from the country's statistics board INS showed on Wednesday (March 13).