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 Indicators201620172018201920202021
Population, 1000 persons197021958419500...
GDP, real change in %
GDP per capita (EUR at PPP)174001880019900...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average5.
Average gross monthly wages, EUR626705964...
Consumer prices, % p.a.-
Fiscal balance in % of GDP-2.9-2.9-2.9...
Public debt in % of GDP37.335.235.0...
Current account in % of GDP-2.1-3.4-4.6-4.5-4.3.
FDI inflow, EUR mn565643785762...
Gross external debt in % of GDP54.551.948.2...

Basic data are continuously updated.

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


Monthly Report No. 1/2019

Richard Grieveson, Julia Grübler, Peter Havlik and Roman Stöllinger
wiiw Monthly Report No. 1, January 2019
42 pages including 23 Figures



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