In terms of value, in unadjusted data, the country’s gross domestic product (GDP) estimated for 2025 amounted to RON1,910 billion current prices.

The following industries had more significant positive contributions to GDP growth in 2025 against 2024:

– Construction (+0.5%), with a share of 8.7% in GDP and a 7% increase in activity volume;

– Information and communication (+0.3%), with a share of 7.1% in GDP and a 4.1% rise in activity volume;

– Agriculture, forestry and fishing (+0.2%), with a share of 3% in GDP and a 6.6% advance in activity volume.

The following activities had a negative contribution to changes in GDP:

– Professional, scientific and technical activities; activities of administrative services and support services (-0.3%), with an 8.1% share in GDP and a 4% decrease in activity volume;

– Wholesale and retail; motor-vehicles and motorcycles repair; transport and storage; hotels and restaurants (-0.1%), with a 20.3% share in GDP and a 0.3% fall in activity volume;

Industry, financial intermediation and insurance, real estate activities, public administration and defense; social insurance of public sector; education; health and social assistance, shows, culture and recreation activities; repair of households goods and other services did not contribute to changes in GDP.

Net taxes on products also had a positive contribution (+0.1%) and saw a 1% rise in volume.

From GDP uses standpoint, in 2025 compared to 2024, the increase was mainly due to:

– Household final consumption expenditure, whose volume ticked up 0.6%, with a contribution of +0.4% to GDP growth rate;

– Gross fixed capital formation, whose volume increased by 4.1%, with a contribution of +1.0% to GDP growth rate.

A negative impact on GDP growth was registered by the following components:

– Individual final consumption expenditure of general government whose volume decreased by 3.2%, with a contribution of -0.3% to GDP growth rate;

– Net exports (-0.6%), as a result of a higher increase in the volume of imports of goods and services (+4.8%), coupled with a lower level of exports volume of goods and services (+3.9%).

Individual final consumption expenditure of general government did not have a contribution to GDP growth rate.

The GDP was lower by 1.9% in real terms in the fourth quarter of 2025 compared to the third quarter of 2025. Compared to the fourth quarter of 2024, the GDP ticked 0.2% higher in unadjusted data and fell by 1.5% in seasonally adjusted data.

In the third quarter of 2025, Romania’s economy shrank by 0.1% against the second quarter, which means Romania has entered technical recession, as indicated by flash data released by INS on February 13, 2026.  

Romania’s central bank BNR says the economy will stagnate in the first quarter of 2026.

Data revisions

Following updates to data sources, seasonally unadjusted GDP values for Q1–Q3/ 2025 were revised compared to the provisional estimates released by INS on January 9, 2026. Key updated data sources included:

Provisional data for agricultural activities in 2025;

Provisional quarterly and annual investment data for 2025;

Revised public administration sector data for Q1–Q3 2025;

Revised balance of payments data for Q1–Q3 2025.

The revisions had no significant impact on real-term trends compared to the flash estimates released on February 13, 2026. 

Subiecte #ECONOMY#INS