Romania GDP Annual Growth Rate  1996-2016 | Data | Chart | Calendar

The Romanian GDP expanded 4.4 percent year-on-year in the third quarter of 2016, compared to a 6 percent growth in the prior period and in a line with preliminary estimates. The growth slowed down for: household consumption (+6.7 percent vs +10.8 percent in Q2); investments (+2.8 percent vs +10.7 percent); and government spending (+0.3 percent vs +9.8 percent). Net trade contributed negatively, as imports increased 6.7 percent (+13.5 percent in Q2) while exports rose at a slower 6.3 percent (+8.5 percent in Q2). On a quarterly basis, the economy advanced 0.6 percent, slowing from a 1.5 percent growth in the June quarter. GDP Annual Growth Rate in Romania averaged 2.81 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)
2016-10-07 06:00 AM Q2 6.0% 4.3% 6.0% 6.0%
2016-11-15 07:00 AM Q3 4.4% 6.0% 5.1% 4.8%
2016-12-06 07:00 AM Q3 4.4% 6.0% 4.4% 4.4%
2017-01-13 07:00 AM Q3 6.0% 4.4% 4.4%
2017-02-13 07:00 AM Q4 4.4% 5.5%
2017-03-08 07:00 AM Q4 4.4% 5.5%




Romania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.50 5.40 -6.20 percent [+]
GDP Annual Growth Rate 4.40 6.00 10.70 -8.30 percent [+]
GDP 177.95 199.32 208.18 25.12 USD Billion [+]
GDP Constant Prices 36632.50 36462.00 36632.50 19749.20 RON Million [+]
Gross Fixed Capital Formation 8564.50 9208.90 13852.80 2745.40 RON Million [+]
GDP per capita 9526.59 9148.10 9526.59 4323.06 USD [+]
GDP per capita PPP 19925.54 19133.91 19925.54 9042.00 USD [+]
GDP From Agriculture 3026.10 2888.00 3357.80 1278.80 RON Million [+]
GDP From Construction 2476.10 2430.20 3468.60 955.50 RON Million [+]
GDP From Manufacturing 7746.20 7735.00 7996.70 4750.70 RON Million [+]
GDP From Public Administration 1473.50 1465.00 2026.70 1334.70 RON Million [+]
GDP From Services 8856.40 8626.80 8856.40 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.40 6.00 10.70 -8.30 1996 - 2016 percent Quarterly
NSA



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