Romania

map Romania
Romania’s economy remained weak in 2025, with GDP growth of just 0.7%, as fiscal tightening and high inflation curbed consumption, leaving investment as the main driver. Conditions worsened in early 2026 amid falling industrial output, declining confidence and rising unemployment. Inflation remains elevated, despite stable exchange rates. Fiscal consolidation continues to weigh on demand, while external imbalances are slowly improving. A modest recovery is expected in late 2026, but risks from energy prices, weak competitiveness and political fragility persist.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons190611905519000...
GDP, real change in %2.30.90.70.51.72.9
GDP per capita (EUR at PPP)287103077032540...
Gross industrial production, real change in %-3.0-1.5-0.9...
Unemployment rate - LFS, in %, average5.65.46.16.56.36.0
Average gross monthly wages, EUR142416201745...
Consumer prices, % p.a.9.75.86.86.84.54.0
Fiscal balance in % of GDP-6.6-9.3-8.0-6.5-5.8-5.2
Public debt in % of GDP49.354.858.0...
Current account in % of GDP-6.7-8.2-7.9-7.6-7.3-6.8
FDI inflow, EUR m807465868377...
Gross external debt in % of GDP56.957.559.8...


Basic data are continuously updated.

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

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Monthly Report No. 1/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 1, January 2026
58 pages including 6 Tables and 15 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


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