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 Indicators201620172018201920202021
Population, 1000 persons197021958419500...
GDP, real change in %4.87.04.23.63.7.
GDP per capita (EUR at PPP)174001880019900...
Gross industrial production, real change in %3.17.93.5...
Unemployment rate - LFS, in %, average5.94.94.24.54.7.
Average gross monthly wages, EUR626705964...
Consumer prices, % p.a.-1.11.14.13.03.0.
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.

publication_icon

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

Details

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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