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Economy of Romania. Statistics, Data and Indicators

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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 % Aug/23
Unemployment Rate 5.5 % Jul/23
Wages 7317 RON/Month | 1555.369 USD/Month Jul/23
Balance of Trade -2282 EUR Million | -2.416 B USD Jul/23
Current Account -2905 EUR Million | -3.076 B USD Jul/23
Foreign Exchange Reserves 59859 EUR Million | 63.373 B USD Aug/23
Government Debt 855843 RON Million | 181.926 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 | 9.955 B USD 2Q/23
GDP per capita PPP 32738 USD 2022
GDP From Agriculture  2339 RON Million | 0.497 B USD 2Q/23
GDP From Construction  2440 RON Million | 0.519 B USD 2Q/23
GDP From Manufacturing  9195 RON Million | 1.955 B USD 2Q/23
GDP From Public Administration  1863 RON Million | 0.396 B USD 2Q/23
GDP From Services  15908 RON Million | 3.382 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 47.3 % 2022
Government Budget Value -43413 RON Million | -9.228 USD Billion Jul/23
Government Spending 2676 RON Million | 0.569 USD Billion 2Q/23
Government Debt 855843 RON Million | 181.926 USD Billion 2Q/23
Government Revenues 138576 RON Million | 29.457 USD Billion Jul/23
Fiscal Expenditure  181989 RON Million | 38.685 B USD Jul/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 190 index points Jul/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  -0.88 % Jul/23


Trade Indicators

Indicator Data Period
Current Account to GDP -9.3 % 2022
Balance of Trade -2282 EUR Million | -2.416 USD Billion Jul/23
Current Account -2905 EUR Million | -3.076 USD Billion Jul/23
Exports 7656 EUR Million | 8.105 USD Billion Jul/23
External Debt 158820 EUR Million | 168.144 USD Billion Jul/23
Foreign Exchange Reserves 59859 EUR Million | 63.373 USD Billion Aug/23
Imports 9938 EUR Million | 10.521 USD Billion Jul/23
Tourist Arrivals 234875 Persons | 0.235 Million Persons Jul/23


Money Indicators

Indicator Data Period
Gold Reserves 104 Tonnes 2Q/23
Interbank Rate 6.25 % Sep/23
Interest Rate 7 % Aug/23
Loans to Private Sector 107702 RON Million | 26.93 USD Billion Jul/18
Money Supply M0 108452 RON Million | 23.054 USD Billion Aug/23
Money Supply M1 387903 RON Million | 82.456 USD Billion Aug/23
Money Supply M2 626030 RON Million | 133.075 USD Billion Aug/23
Money Supply M3 626030 RON Million | 133.075 USD Billion Aug/23
Central Bank Balance Sheet 315248 RON Million | 67.012 B USD Jul/23
Deposit Interest Rate 6 % Aug/23
Foreign Direct Investment 1199 EUR Million | 1.269 B USD Jul/23


Labor Indicators

Indicator Data Period
Minimum Wages 604 EUR/Month | 639.458 USD/Month 3Q/23
Retirement Age Men 65 2022
Retirement Age Women 61.92 2022
Unemployment Rate 5.5 % Jul/23
Wages 7317 RON/Month | 1555.369 USD/Month Jul/23
Youth Unemployment Rate 22.3 % Jun/23
Employed Persons 5129 Thousand Person | 5.129 Million Person Jun/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 228 Thousand Persons | 0.228 Million Persons Jul/23
Wages High Skilled 2880 RON/Month | 670.235 USD/Month 2018
Wages in Manufacturing 6510 RON/Month | 1383.826 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 -1 index points Aug/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 -0.3 % Jul/23
Retail Sales YoY 1.2 % Jul/23
Consumer Credit 57641 RON Million | 12.253 USD Billion Jul/23
Consumer Spending 46256 RON Million | 9.833 USD Billion 2Q/23


Housing Market

Indicator Data Period
Construction Output 15.8 % Jul/23