Compared with the second quarter of 2020, the country’s GDP grew by 13% in unadjusted data and by 13.6% for the seasonally adjusted data in the second quarter of 2021.
Romania’s GDP grew by 6.5% in unadjusted data and by 6.2% for the seasonally adjusted data in the first half of 2021 compared with the first half of 2020, INS data also showed Tuesday.
Almost all industries contributed to the GDP growth in the first six months 2021 as against the same period of 2020, more significant positive contributions being recorded for the following industries: Industry (+1.9%), with a share of 19.2% in GDP, whose activity volume increased by 10.4%; Wholesale and retail; motor-vehicles and motorcycles repair; transport and storage; hotels and restaurants (+2.0%), with a share of 20.3% in GDP, whose activity volume increased by 10.2%; Information and communications (+1.1%), with a share of 7.9% in GDP, whose activity volume increased by 14.1%.
From GDP uses standpoint, the increase was mainly due to final consumption expenditure of households whose volume increased by 5.4%, contributing by +3.4% to the GDP growth rate; gross fixed capital formation whose volume increased by 11.9%, contributing by +2.6% to the GDP growth rate. The net export recorded a negative contribution to the GDP growth rate (-2.3%) being influenced by the volume increase of exports of goods and services, by 16.8%, in correlation with a higher increase of the volume of imports of goods and service, by 20.0%.