The biggest increase was recorded by the final consumption expenditure of households, which grew by 4.7% in January-September 2021.
Instead, a negative impact was recorded for net export (-1.9%) being influenced by the volume increase of exports of goods and services, by 13.8%, in correlation with a higher increase of the volume of imports of goods and services (16.7%).
The most important positive contributions to the GDP growth year-over-year in the January-September 2021 came from the following industries: – Wholesale and retail; motor-vehicles and motorcycles repair; transport and storage; hotels and restaurants (+2.0%), with a share of 18.7% in GDP, whose activity volume increased by 10.9%; – Industry (+1.3%), with a share in GDP of 19.1%, and whose activity volume increased by 7.1%; – Agriculture, forestry and fishing (+1.0%), with a smaller share in GDP (5.1%), but whose activity volume significantly increased by 23.2%.
The net taxes on product (+0.8%) had a significant positive contribution, seeing a volume increase of 9.0%.
Romania’s GDP grew by 7.4% in unadjusted data and by 8.1% in seasonally adjusted data in the third quarter of 2021 as compared to the same period in 2020.
The country’s GDP increased by 0.4% in real terms in the third quarter of 2021 as compared to the second quarter of 2021.
In terms of value, the GDP estimated for the January-September 2021 period amounted to RON866 billion current prices, increasing – in real terms – by 6.9% against the same period of 2020. The GDP estimated for the January-September 2021 period amounted to RON819 billion current prices, increasing – in real terms – by 7.1% as against the same period in 2020.