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
Main Economic Indicators201520162017201820192020
Population, 1000 persons19815197021958419500..
GDP, real change in %
GDP per capita (EUR at PPP)163001740018700...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average6.
Average gross monthly wages, EUR575626705945..
Consumer prices, % p.a.-0.4-
Fiscal balance in % of GDP-0.7-2.9-2.9-2.9..
Public debt in % of GDP37.837.335.235.0..
Current account in % of GDP-1.2-2.1-3.4-4.6-4.5-4.3
FDI inflow, EUR mn3885565643785500..
Gross external debt in % of GDP57.454.551.948.5..

Basic data are continuously updated.

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


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


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