The gross domestic product (GDP) in current prices in Romania was forecast to continuously increase between 2024 and 2029 by in total 116.5 billion U.S. dollars (+30.61 percent). After the fourteenth consecutive increasing year, the GDP is estimated to reach 497.1 billion U.S. dollars and therefore a new peak in 2029. The gross domestic product at current prices is defined based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Bulgaria, Croatia, and Bosnia & Herzegovina.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Romania from 2013 to 2023. In 2023, the share of agriculture in Romania's gross domestic product was 3.88 percent, industry contributed approximately 26.69 percent and the services sector contributed about 60.73 percent.

The Gross Domestic Product (GDP) in Romania expanded 0.70 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset 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.

The Gross Domestic Product (GDP) in Romania expanded 0.80 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the GDP is increased by 2.1 percent in Romania. The forecast for 2024 and 2025 anticipates a GDP growth of over three percent for both years.

Romania RO: Potential Output of Total Economy: Volume data was reported at 1,307.469 RON bn in 2026. This records an increase from the previous number of 1,272.080 RON bn for 2025. Romania RO: Potential Output of Total Economy: Volume data is updated yearly, averaging 891.607 RON bn from Dec 2002 (Median) to 2026, with 25 observations. The data reached an all-time high of 1,307.469 RON bn in 2026 and a record low of 586.281 RON bn in 2002. Romania RO: Potential Output of Total Economy: Volume data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Romania – Table RO.OECD.EO: GDP: Potential Output and Output Gap: Forecast: Non OECD Member: Annual. GDPVTR-Potential output of total economy, volume OECD calculation, see OECD Economic Outlook database documentation

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

The Gross Domestic Product per capita in Romania was last recorded at 12399 US dollars in 2023. The GDP per Capita in Romania is equivalent to 98 percent of the world's average. This dataset provides the latest reported value for - Romania GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The service industry had the highest share in the Romanian gross domestic product in 2022, totaling 57.7 percent. However, agriculture, forestry and fishing accounted for only 4.5 percent.

The majority of Romanians surveyed for the study believed that in one year's time, the country's economy would get worse. Only 24 percent of respondents were of the opinion that the economic situation would get better.

Romania RO: Claims on Other Sectors of The Domestic Economy: % of GDP data was reported at 28.586 % in 2017. This records a decrease from the previous number of 30.582 % for 2016. Romania RO: Claims on Other Sectors of The Domestic Economy: % of GDP data is updated yearly, averaging 32.392 % from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 41.385 % in 2011 and a record low of 9.994 % in 2001. Romania RO: Claims on Other Sectors of The Domestic Economy: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Bank Loans. Claims on other sectors of the domestic economy (IFS line 52S or 32S) include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Romania RO: GDP: Real data was reported at 426,652.200 RON mn in 2017. This records an increase from the previous number of 398,937.700 RON mn for 2016. Romania RO: GDP: Real data is updated yearly, averaging 268,100.000 RON mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 426,652.200 RON mn in 2017 and a record low of 196,731.988 RON mn in 1992. Romania RO: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Gross Domestic Product: Real. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

The prospects for global growth in Romania were the most pessimistic in 2023. However, by 2024, 29 percent of Romanian chief executives were optimistic about the world economic growth.

GDP from Public Administration in Romania increased to 41306.20 RON Million in the fourth quarter of 2024 from 40913.30 RON Million in the third quarter of 2024. This dataset provides - Romania Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Services in Romania decreased to 61516.50 RON Million in the fourth quarter of 2024 from 61731.10 RON Million in the third quarter of 2024. This dataset provides - Romania Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Romania was last recorded at 40267.31 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Romania, when adjusted by Purchasing Power Parity is equivalent to 227 percent of the world's average. This dataset provides the latest reported value for - Romania GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Romania RO: GDP: Linked Series data was reported at 1,604,554.000 RON mn in 2023. This records an increase from the previous number of 1,389,450.000 RON mn for 2022. Romania RO: GDP: Linked Series data is updated yearly, averaging 384,226.850 RON mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,604,554.000 RON mn in 2023 and a record low of 85.790 RON mn in 1990. Romania RO: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

GDP from Agriculture in Romania increased to 10397.10 RON Million in the fourth quarter of 2024 from 8974.30 RON Million in the third quarter of 2024. This dataset provides - Romania Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The labor market in Romania is expected to slow down due to rising labor costs and a continuing lack of skilled workers. By contrast, the impact of Brexit in Romania was considered a potential challenge by only 2.4 percent of respondents.