Romania's GDP Steady at 0.3% in Q2

Romania’s GDP grew 0.2% year-on-year in the fourth quarter of 2025, slightly above the initial estimate of 0.1% and slowing from 1.7% in the previous quarter, second estimates showed. Despite the marginally upward revision, it remained the weakest growth since the first quarter of 2021, driven by declines in government spending (-2.5%) and household consumption (-0.6%). Meanwhile, growth was seen in gross fixed capital formation (+7.9%) and net external demand, as exports rose 2.1% while imports increased at a slower pace of 0.7%. On the production side, declines were recorded in professional, scientific and technical activities (-4.9%) and financial intermediation and insurance (-1.8%), while growth was seen in information and communication (+7.7%), construction (+5.3%), real estate activities (+2.2%), and agriculture, forestry and fishing (+0.5%). On a seasonally adjusted quarterly basis, the economy contracted by 1.9%, following a revised 0.1% decline in the previous period.

Romania’s GDP grew by 0.1% year-on-year in the fourth quarter of 2025, sharply easing from a one-year high of 1.7% gain in the previous three-month period, preliminary estimates showed. While this marked the nineteenth consecutive quarter of economic expansion, it represented the weakest pace of growth since the third quarter of 2021. On a seasonally adjusted quarterly basis, the country’s GDP contracted by 1.9%, slipping further from a 0.2% drop in the previous three-month period.

Romania’s GDP expanded by 1.7% year-on-year in the third quarter of 2025, slightly above from the second estimate of 1.6% and accelerating from a 0.3% growth in the previous three-month period. This marked the fastest economic expansion since Q3 2024, driven by growth in gross fixed capital formation (+5.0%), and household consumption (+1.4%). Net external demand also contributed positively, as exports rose by 5.3%, while imports grew at a softer 3.1%. In contrast, government spending decreased by 3.9%. On the production side, the strongest gains were recorded in agriculture, forestry, and fishing (+9.2%), information and communication (+6.1%), and construction (+12.2%). On a seasonal adjusted quarterly basis, the economy contracted 0.2%, marking the first decline since Q2 2024, reversing the upwardly revised 1.1% in the preceding period.