Romania GDP Growth Rate 2000-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Romania contracted 0.90 percent in the second quarter of 2014 over the previous quarter. GDP Growth Rate in Romania averaged 0.83 Percent from 2000 until 2014, reaching an all time high of 3.60 Percent in the first quarter of 2008 and a record low of -4.80 Percent in the first quarter of 2009. GDP Growth Rate in Romania is reported by the Institutul National de Statistica.

   
 
 

Romania GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -0.20 3.60 -4.80 2000 - 2014 Percent Quarterly
Romania is an upper-middle income economy and has been part of the European Union since 2007. In recent years, domestic consumption and foreign direct investments have been stimulating Romania's GDP growth. Yet, corruption and red tape continue to be major hurdle for the future development. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Romania GDP Growth Rate - was last refreshed on Friday, October 31, 2014.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-05 08:00 AM Romania
GDP Growth Rate QoQ
Q4 2013 1.5% 1.8% (R) 1.7% 1.7%
2014-05-15 08:00 AM Romania
GDP Growth Rate QoQ
Q1 2014 0.1% 1.6% 1.37%
2014-08-14 08:00 AM Romania
GDP Growth Rate QoQ
Q2 2014 -1.0% 0.2% 1.87%
2014-09-03 08:00 AM Romania
GDP Growth Rate QoQ Final
Q2 2014 -1.0% -0.2% (R) -1.0% -1.0%
2014-11-14 08:00 AM Romania
GDP Growth Rate QoQ
Q3 2014 -0.9% 1.87%


Romania GDP Last Previous Highest Lowest Unit
GDP 189.64 169.00 204.00 25.10 USD Billion [+]
GDP Growth Rate -0.90 -0.20 3.60 -4.80 Percent [+]
GDP Annual Growth Rate 1.20 3.90 9.80 -8.70 Percent [+]
GDP Constant Prices 32882.30 32813.00 58970.00 14356.00 RON Million [+]
GDP per capita 6072.84 5834.42 6072.84 3087.52 USD [+]
Gross Fixed Capital Formation 8103.40 8438.30 30845.00 3746.30 RON Million [+]
GDP per capita PPP 17941.02 17236.64 17941.02 9121.46 USD [+]