In the fourth quarter alone, the country’s GDP shrank by 0.2% in seasonally adjusted data compared with a quarter earlier, but was up 1.9% from the same period of 2010. The figures are unchanged from a flash estimate released in February.
Farm output jumped 11.3% on the year in 2011, while industry had a positive contribution of 5% to the economic growth.
The entertainment industry advanced at an unexpected rate of 4.8% in 2011, as Romanians spent more on show tickets and cultural and leisure activities, INS data showed.
Construction activity grew by 2.7% in 2011 from a year earlier, while retail sales rose 1.2%.
Domestic demand picked up 3.1% in 2011, while final consumption remained at a relatively steady level throughout the year, the data showed.