Romania

The Romanian economy is experiencing an unavoidable slowdown, following a boom based on fiscal stimulus of household consumption in the past two years. Economic growth is sustainable at rates somewhat below 4% over the forecast period. Business sector investment is supporting economic growth, while public investments are falling victim to fiscal rebalancing.

map Romania
        FORECAST*
Main Economic Indicators201520162017201820192020
Population, 1000 persons198151970219650...
GDP, real change in %3.94.87.33.83.63.7
GDP per capita (EUR at PPP)163001700018700...
Gross industrial production, real change in %2.83.17.9...
Unemployment rate - LFS, in %, average6.85.94.94.54.54.7
Average gross monthly wages, EUR575626705...
Consumer prices, % p.a.-0.4-1.11.14.03.03.0
Fiscal balance in % of GDP-0.7-2.9-2.9...
Public debt in % of GDP37.837.335.1...
Current account in % of GDP-1.2-2.1-3.4-4.4-4.5-4.3
FDI inflow, EUR mn388556564378...
Gross external debt in % of GDP57.454.551.8...


Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

publication_icon

ROMANIA: Slowdown continues

Gabor Hunya
in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 118-121
Details and Buy

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Monthly Report No. 6/2018

Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 6, June 2018
27 pages including 1 Table and 1 Figure

Details


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