Economic growth in Romania is expected to climb to 5.7% in 2017 and to subside to 4.5% in the following two years. Household demand has boomed and investments have stagnated this year. The most recent measures aim to keep the fiscal deficit below 3% of GDP. Inflation has returned to positive figures and is bound to accelerate, putting the National Bank under pressure to hike the prime rate.

map Romania
Main Economic Indicators201420152016201720182019
Population, 1000 persons199091981519699...
GDP, real change in %
GDP per capita (EUR at PPP)152001630017000...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average6.
Average gross monthly wages, EUR524575626...
Consumer prices, % p.a.1.4-0.4-
Fiscal balance in % of GDP-1.4-0.8-3.0...
Public debt in % of GDP39.437.937.6...
Current account in % of GDP-0.7-1.2-2.1-3.0-3.3-3.5
FDI inflow, EUR mn293138855656...
Gross external debt in % of GDP63.057.454.7...

Basic data are continuously updated.

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


ROMANIA: Economic deceleration to follow the current boom

Gabor Hunya
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 103-106
Details and Buy


Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, 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. 7-8, July-August 2017
27 pages including 1 Table and 2 Figures