Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Economy of Romania. Statistics, Data and Indicators

flag
Romania
52BBB- Credit rank #59
144.05 Quality of life #37
63 Corruption rank#55
55 Ease of doing business#52
Romania


Romania Major Economic Indicators

Indicator Data Period
GDP Value 301 USD Billion 2022
GDP Annual Growth Rate 1.1 % 2Q/23
GDP Growth Rate 0.9 % 2Q/23
GDP per capita 12280 USD 2022
Inflation Rate YoY 9.43 % Aug/23
Interest Rate 7 % Oct/23
Unemployment Rate 5.4 % Aug/23
Wages 7317 RON/Month | 1563.428 USD/Month Jul/23
Balance of Trade -2633 EUR Million | -2.793 B USD Aug/23
Current Account -2905 EUR Million | -3.082 B USD Jul/23
Foreign Exchange Reserves 65117 EUR Million | 69.082 B USD Sep/23
Government Debt 853178 RON Million | 182.299 B USD 2Q/23


GDP Indicators

Indicator Data Period
GDP Value 301 USD Billion 2022
GDP Annual Growth Rate 1.1 % 2Q/23
GDP Growth Rate 0.9 % 2Q/23
GDP per capita 12280 USD 2022
GDP Constant Prices 46831 RON Million | 10.006 B USD 2Q/23
GDP per capita PPP 32738 USD 2022
GDP From Agriculture  2339 RON Million | 0.5 B USD 2Q/23
GDP From Construction  2440 RON Million | 0.521 B USD 2Q/23
GDP From Manufacturing  9195 RON Million | 1.965 B USD 2Q/23
GDP From Public Administration  1863 RON Million | 0.398 B USD 2Q/23
GDP From Services  15908 RON Million | 3.399 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 47.3 % 2022
Government Budget Value -46404 RON Million | -9.915 USD Billion Aug/23
Government Spending 2676 RON Million | 0.572 USD Billion 2Q/23
Government Debt 853178 RON Million | 182.299 USD Billion 2Q/23
Government Revenues 159414 RON Million | 34.062 USD Billion Aug/23
Fiscal Expenditure  205818 RON Million | 43.977 B USD Aug/23
Government Budget to GDP -5.8 % 2022
Government Spending to GDP 39.7 % 2022
Military Expenditure 5187 USD Million | 5.187 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 238 index points Aug/23
Food Inflation 11.88 % Aug/23
Gasoline Prices 1.56 USD/Liter Sep/23
Inflation Rate YoY 9.43 % Aug/23
Producer Prices 189 index points Aug/23
Inflation Rate Mom 0.54 % Aug/23
Core Consumer Prices 131 Index Points Aug/23
Core Inflation Rate 11.4 % Aug/23
CPI Transportation 100 Index Points Aug/23
Harmonised Consumer Prices 143 Index Points Aug/23
Producer Prices Change  -3.33 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -9.3 % 2022
Balance of Trade -2633 EUR Million | -2.793 USD Billion Aug/23
Current Account -2905 EUR Million | -3.082 USD Billion Jul/23
Exports 7079 EUR Million | 7.51 USD Billion Aug/23
External Debt 158820 EUR Million | 168.491 USD Billion Jul/23
Foreign Exchange Reserves 65117 EUR Million | 69.082 USD Billion Sep/23
Imports 9712 EUR Million | 10.303 USD Billion Aug/23
Tourist Arrivals 245382 Persons | 0.245 Million Persons Aug/23


Money Indicators

Indicator Data Period
Gold Reserves 104 Tonnes 2Q/23
Interbank Rate 6.25 % Oct/23
Interest Rate 7 % Oct/23
Loans to Private Sector 107702 RON Million | 26.93 USD Billion Jul/18
Money Supply M0 108452 RON Million | 23.173 USD Billion Aug/23
Money Supply M1 387903 RON Million | 82.883 USD Billion Aug/23
Money Supply M2 626030 RON Million | 133.764 USD Billion Aug/23
Money Supply M3 626030 RON Million | 133.764 USD Billion Aug/23
Central Bank Balance Sheet 314739 RON Million | 67.25 B USD Aug/23
Deposit Interest Rate 6 % Aug/23
Foreign Direct Investment 1199 EUR Million | 1.272 B USD Jul/23


Labor Indicators

Indicator Data Period
Minimum Wages 604 EUR/Month | 640.781 USD/Month 3Q/23
Retirement Age Men 65 2022
Retirement Age Women 61.92 2022
Unemployment Rate 5.4 % Aug/23
Wages 7317 RON/Month | 1563.428 USD/Month Jul/23
Youth Unemployment Rate 22.3 % Jun/23
Employed Persons 5134 Thousand Person | 5.134 Million Person Jul/23
Employment Change  -0.8 % 2Q/23
Employment Rate  63 % 2Q/23
Full Time Employment 7446 Thousand Person 4Q/22
Labor Force Participation Rate 66.7 % 4Q/22
Living Wage Family 2160 RON/Month | 502.676 USD/Month 2018
Living Wage Individual 1300 RON/Month | 302.537 USD/Month 2018
Long Term Unemployment Rate 2.3 % 2Q/23
Part Time Employment 259 Thousand Persons 4Q/22
Unemployed Persons 230 Thousand Persons | 0.23 Million Persons Aug/23
Wages High Skilled 2880 RON/Month | 670.235 USD/Month 2018
Wages in Manufacturing 6510 RON/Month | 1390.996 USD/Month Jul/23
Wages Low Skilled  1430 RON/Month | 332.79 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 58 BBL/D/1K May/23
Electricity Production 4203 GWh Jul/23
Industrial Production -5.3 % Jul/23
Mining Production 4.09 % Jul/23
Factory Orders 2.1 % Jul/23
Industrial Production (MoM) 0.6 % Jul/23


Business Indicators

Indicator Data Period
Business Confidence -0.4 index points Sep/23
Corruption Index 46 index points 2022
Corruption Rank 63 place 2022
Ease of Doing Business 55 place 2019
Manufacturing Production -5.49 % Jul/23
Competitiveness Index 64.36 Index Points 2019
Competitiveness Rank 51 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -26.1 index points Apr/20
Retail Sales MoM 0.1 % Aug/23
Retail Sales YoY 1.1 % Aug/23
Consumer Credit 58281 RON Million | 12.453 USD Billion Aug/23
Consumer Spending 46256 RON Million | 9.884 USD Billion 2Q/23


Housing Market

Indicator Data Period
Construction Output 15.8 % Jul/23