02.14.2025

Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period, while, against Q3/2024 it had a 0.8% advance in real more

02.13.2025

The Bucharest-Ilfov region reached a gross domestic product (GDP) at purchasing power per capita of 190% of the EU average in 2023, slightly behind Prague and Brussels and above Hamburg, Eurostat data more

01.17.2025

Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) average, more

01.10.2025

Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the country's more

12.06.2024

Romania's economy inched 0.8% higher both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same period of 2023, provisional data from the country's more

10.15.2024

Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main more

10.10.2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023 and the first quarter of 2024. more

09.06.2024

Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, provisional (1) estimates from the more

08.14.2024

Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, data from the country's statistics more

07.08.2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the first quarter of 2024 against the same quarter of 2023 to 0.5% from 0.1% estimated in the May report. more

06.07.2024

Romania's economy inched up 0.1%, in unadjusted data, and grew by 1.8% In seasonally adjusted data, in the first quarter of 2024 compared to the same period of 2023, in line with provisional (1) more

05.31.2024

If Romania widely adopts generative artificial intelligence, the country's GDP could increase by EUR14-16 billion, or by 5%, in the next ten years, according to the study “The economic opportunity more

05.15.2024

Romania's economy grew by just 0.1%, in unadjusted data, in the first quarter of 2024 compared to the same period of 2023, data from the country's statistics board INS showed on Wednesday (May 15). more

04.22.2024

Romania had one of the government deficit to Gross Domestic Product ratios in the European Union in 2023, 6.6%, behind only Hungary and Italy, while its government debt to GDP ratio was lower than the more

04.09.2024

Romania ended 2023 with gross domestic product (GDP) of RON1,605 billion (EUR321 billion), higher by 2.1% compared to 2022, in line with data reconfirmed on April 9, 2024 by the country's statistics more

04.03.2024

Romania's government debt reached RON802 billion in January 2024, in line with the latest finance ministry data. more

03.27.2024

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, Greece and more

03.20.2024

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. more

03.08.2024

Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the country's more

02.26.2024

Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external more

02.15.2024

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised downwards its forecast on Romania’s economic growth to 2.6% for 2024 from a previous estimate of 3.3%, after more

02.14.2024

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more

02.14.2024

Romania's economy increased at a 2% annualized pace in 2023 in real terms (in unadjusted data), which is half the 4.1% growth rate reported in 2022, and way below the increase of 5.7% reported in more

01.29.2024

Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0781 units/euro in the next 12 months, while the estimated rate of more

01.15.2024

A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025. more