Romania GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Romanian GDP expanded 4.7 percent year-on-year in the fourth quarter of 2016, compared to a 4.3 percent growth in the third quarter, and in line with market consensus, second estimates data showed. It was the highest growth since the second quarter. Private consumption grew by 4.1 percent (from 4 percent in Q3) and government spending rose (3.8 percent from 0.4 percent). While net exports declined at a faster pace (-5.2 percent from - 2.2 percent) and investment decreased by 7.2 percent (from 0.1 percent). On a quarterly basis, the economy advanced 1.3 percent, compared to a 0.5 percent growth in the September quarter and in line with market consensus. Considering 2016 full year the GDP advanced 4.8 percent after expanding by 3.9 percent in 2015. GDP Annual Growth Rate in Romania averaged 2.84 percent from 1996 until 2016, reaching an all time high of 10.70 percent in the second quarter of 2008 and a record low of -8.30 percent in the second quarter of 2009.

Romania GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-13 07:00 AM Q3 4.3% 6.0% 4.4% 4.4%
2017-02-14 07:00 AM Q4 4.7% 4.3% 5.5%
2017-03-07 07:00 AM Q4 4.7% 4.3% 4.7% 4.7%
2017-04-07 06:00 AM Q4 4.3% 4.7%
2017-05-16 06:00 AM Q1 5.1%
2017-06-07 06:00 AM Q1 5.1%




Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 0.50 5.40 -6.20 percent [+]
GDP Annual Growth Rate 4.70 4.30 10.70 -8.30 percent [+]
GDP 177.95 199.49 208.18 25.12 USD Billion [+]
GDP Constant Prices 37120.70 36632.50 37120.70 19749.20 RON Million [+]
Gross Fixed Capital Formation 8339.50 8564.50 13852.80 2745.40 RON Million [+]
GDP per capita 9530.66 9158.52 9530.66 4323.06 USD [+]
GDP per capita PPP 19934.05 19155.70 19934.05 9042.00 USD [+]
GDP From Agriculture 2256.40 2634.60 3357.80 1278.80 RON Million [+]
GDP From Construction 2483.90 2481.40 3468.60 955.50 RON Million [+]
GDP From Manufacturing 8058.40 7838.90 8058.40 4750.70 RON Million [+]
GDP From Public Administration 1399.70 1465.70 2026.70 1334.70 RON Million [+]
GDP From Services 9726.50 9138.40 9726.50 3400.90 RON Million [+]



Romania GDP Annual Growth Rate Notes

On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (14 percent). Exports of goods and services account for 41 percent of GDP and imports account for 41 percent. This page provides the latest reported value for - Romania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.30 10.70 -8.30 1996 - 2016 percent Quarterly
NSA



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