The Gross Domestic Product (GDP) in Romania was worth 350.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Romania represents 0.33 percent of the world economy. This dataset provides the latest reported value for - Romania GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

Romania RO: Output Gap of Total Economy data was reported at -1.602 % in 2026. This records an increase from the previous number of -1.899 % for 2025. Romania RO: Output Gap of Total Economy data is updated yearly, averaging -1.185 % from Dec 2002 (Median) to 2026, with 25 observations. The data reached an all-time high of 9.056 % in 2008 and a record low of -4.576 % in 2003. Romania RO: Output Gap of Total Economy 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. GAP - Output gap, as a percentage of potential GDP OECD calculation, see OECD Economic Outlook database documentation

Romania GDP: Deflator: Exports of Goods and Services: USD data was reported at 1.276 Index, 2020 in 2025. This records an increase from the previous number of 1.242 Index, 2020 for 2024. Romania GDP: Deflator: Exports of Goods and Services: USD data is updated yearly, averaging 1.000 Index, 2020 from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 1.297 Index, 2020 in 2008 and a record low of 0.494 Index, 2020 in 1999. Romania GDP: Deflator: Exports of Goods and Services: USD 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: Deflator: Forecast: Non OECD Member: Annual. PXGSD - Exports of goods and services in USD, deflator (national accounts basis)Index, OECD reference year

Romania scored 64.36 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - Romania Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Romania GDP: Deflator: Exports of Goods and Services data was reported at 1.375 Index, 2020 in 2026. This records an increase from the previous number of 1.348 Index, 2020 for 2025. Romania GDP: Deflator: Exports of Goods and Services data is updated yearly, averaging 0.864 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.375 Index, 2020 in 2026 and a record low of 0.030 Index, 2020 in 1995. Romania GDP: Deflator: Exports of Goods and Services 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: Deflator: Forecast: Non OECD Member: Annual. None

Romania Ref. Year = 2020: GDP: Volume: Total Expenditure data was reported at 1,924.309 RON bn in 2026. This records an increase from the previous number of 1,858.659 RON bn for 2025. Romania Ref. Year = 2020: GDP: Volume: Total Expenditure data is updated yearly, averaging 1,049.265 RON bn from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1,924.309 RON bn in 2026 and a record low of 477.315 RON bn in 1995. Romania Ref. Year = 2020: GDP: Volume: Total Expenditure 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 by Expenditure: Volume: Forecast: Non OECD Member: Annual. TEV - Total expenditure, nominal value OECD calculation, see OECD Economic Outlook database documentation

The statistic shows the growth of the real gross domestic product (GDP) in the European Union and the Euro area from 2019 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2022, the GDP in the European Union increased by about 3.61 percent compared to the previous year. Growth trends in the EU compared to the euro area The euro area, which is also called the eurozone, is an economic and monetary union (EMU) which includes 19 of the 27 European Union member states which have formally adopted the euro. Those countries include Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Member states which have not yet adopted the euro include Bulgaria, Croatia, Czechia, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom. Additionally, there is the so-called Schengen Area, which is composed of EU and non-EU states, and has been established mainly to facilitate travelling in Europe. While some countries, such as Kosovo and Montenegro have adopted the euro unilaterally, they are not formally part of the eurozone. Others have established a monetary agreement with the EU to use the euro, such as Andorra, Monaco, San Marino and the Vatican, but they do not form part of the official euro area. As can be seen in the chart, annual GDP growth slumped in 2012 and 2013, presumably as a result of the global financial crisis, in both the EU and the euro area. In 2013, growth began increasing ever so slightly and in 2014 the EU regained a bit of stability. However, overall recovery in the EU has been relatively moderate and gradual; growth throughout the EU has been slightly better than in the euro area and is projected to remain slightly better for the foreseeable future. Relatively new member states such as Romania and Czechia, which have not yet adopted the euro, reported the highest annual growth rates in the EU in 2015, and generally, new member states show slightly better growth rates. Also, unemployment has been slightly higher in the euro area compared to the EU for the last ten years (267906). The unemployment rate also remains relatively high for both the EU and the euro area. As for public spending as a share of GDP, these figures are slightly higher in the euro area than in the EU as a whole. The member states with the highest national debt include the United Kingdom, Italy, France and Germany - some of the oldest members of the euro area. The national debt of the euro area is slightly higher than the national debt of the EU as a whole, underlining the economic situation of both areas.

The Romanian oil and gas industry, currently valued at an estimated €X billion (assuming a reasonable market size based on regional comparisons and the given CAGR), is projected to experience robust growth, with a compound annual growth rate (CAGR) exceeding 1.99% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, increasing domestic energy demand, driven by economic growth and population trends, creates a strong market for domestically produced hydrocarbons. Secondly, strategic investments in exploration and production activities, particularly in offshore areas, are anticipated to boost reserves and output. Furthermore, the ongoing development and expansion of midstream and downstream infrastructure, including LNG terminals and petrochemical plants, are crucial for optimizing the value chain and attracting further investment. However, the industry also faces certain constraints. Environmental regulations, the transition towards cleaner energy sources, and fluctuating global oil and gas prices represent significant challenges. The industry's segmentation, encompassing upstream (onshore and offshore exploration and production), midstream (transportation, storage, LNG terminals), and downstream (refineries, petrochemical plants), presents opportunities for focused investment and diversification. Key players, including OMV Petrom SA, Romgaz SA, and Exxon Mobil Corporation, are actively shaping the industry's future through strategic partnerships, technological advancements, and capital expenditure. The competitive landscape is marked by a mix of international energy giants and domestic players. The government's role in regulating the sector and fostering sustainable growth will be critical to achieving a balance between energy security, economic development, and environmental stewardship. Looking ahead, the Romanian oil and gas industry's success will hinge upon its ability to adapt to global energy market shifts, attract further foreign direct investment, and embrace sustainable practices. The forecast period (2025-2033) presents a window of opportunity for significant expansion, contingent upon effective management of the aforementioned drivers and restraints. The industry’s ability to leverage its existing infrastructure and attract investment in modern technologies will be key to realizing its full growth potential. This growth is expected to translate into substantial economic benefits for Romania, contributing to energy security and national development. Notable trends are: Upgradation of Downstream Industry to Drive the Market.

European furniture manufacturing revenue is slated to grow at a compound annual rate of 2.7% over the five years through 2025. A turbulent economic climate in recent years has weighed on the level of growth felt by furniture manufacturers. Challenges initially stemmed from the COVID-19 pandemic, but then worsened with inflationary pressures. Macroeconomic headwinds weakened demand for new construction projects across most European countries in 2023 and 2024, reducing the number of new spaces that required furnishing. Businesses have increasingly preserved cash and opted to postpone or cancel significant construction projects, especially after interest rates were hiked to help combat soaring inflation, causing the cost of borrowing to spike. This dampened demand for furniture manufacturers, causing revenue growth to stagnate. Inflationary pressures also weakened disposable incomes and caused people to cut their discretionary spending, limiting furniture purchases. In 2025, revenue is expected to rise slightly by 0.9% to €175.8 billion. Revenue growth is being supported by the improving global economic climate, with easing inflation and falling interest rates. This is helping to lift consumer confidence, albeit cost of living pressures are still on the mind of consumers, and this is helping to slowly lift spending on furniture in faster growing European countries like Spain. Construction activity is also picking up in Spain and Eastern Europe, with building permits on the rise once again. More commercial and residential building will help to boost demand for furniture from new homeowners and corporate companies looking to fit out their offices. Still, in countries like Germany, the construction sector has a long road to recovery, which is continuing to subdue revenue growth in 2025. Over the five years through 2030, revenue is forecast to expand at a compound annual rate of 4.7% to reach €221.7 billion. The European economy is forecast to continue to improve as inflation eases, prompting central banks to lower interest rates. As interest rates fall, the cost of borrowing will follow suit, driving up the number of people meeting the affordability criteria for mortgages and spurring new construction activity from housebuilders, which will create a greater need for new furniture. Businesses will also be more likely to undertake significant construction projects and buy new furniture, creating more revenue opportunities for furniture makers.

Romania GDP: Deflator data was reported at 1.575 Index, 2020 in 2026. This records an increase from the previous number of 1.529 Index, 2020 for 2025. Romania GDP: Deflator data is updated yearly, averaging 0.699 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.575 Index, 2020 in 2026 and a record low of 0.014 Index, 2020 in 1995. Romania GDP: Deflator 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: Deflator: Forecast: Non OECD Member: Annual. None

Romania Rechargeable Battery comes with extensive industry analysis of development components, patterns, flows, and sizes. The report calculates present and past market values to forecast potential market management during the forecast period between 2025 - 2033.

Romania is ranked 55 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Romania deteriorated to 55 in 2019 from 52 in 2018. This dataset provides - Romania Ease Of Doing Business- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Romanian rare earth metal market fell sharply to $37K in 2024, declining by -69.1% against the previous year. Over the period under review, consumption recorded a sharp curtailment. Over the period under review, the market reached the maximum level at $1M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

Romania GDP: Deflator: Gross Capital Formation data was reported at 1.634 Index, 2020 in 2026. This records an increase from the previous number of 1.582 Index, 2020 for 2025. Romania GDP: Deflator: Gross Capital Formation data is updated yearly, averaging 0.716 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.634 Index, 2020 in 2026 and a record low of 0.003 Index, 2020 in 1995. Romania GDP: Deflator: Gross Capital Formation 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: Deflator: Forecast: Non OECD Member: Annual. PITISK - Gross capital formation, deflatorIndex, national reference year

Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government & Private Non-Residential data was reported at 321.730 RON bn in 2025. This records an increase from the previous number of 307.754 RON bn for 2024. Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government & Private Non-Residential data is updated yearly, averaging 178.927 RON bn from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 321.730 RON bn in 2025 and a record low of 71.507 RON bn in 1999. Ref. Year = 2020: GDP: Volume: Gross Capital Formation: GFCF: Government & Private Non-Residential 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 by Expenditure: Volume: Forecast: Non OECD Member: Annual. IBGV - Private non-residential and government fixed capital formation, volume OECD calculation, see OECD Economic Outlook database documentation

In 2024, the Romanian market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by -34.5% to $1.2M, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate pronounced growth. Alkali and rare earth metals consumption peaked at $3M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Romania GDP: Deflator: Final Consumption Expenditure: Government data was reported at 1.670 Index, 2020 in 2026. This records an increase from the previous number of 1.626 Index, 2020 for 2025. Romania GDP: Deflator: Final Consumption Expenditure: Government data is updated yearly, averaging 0.519 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.670 Index, 2020 in 2026 and a record low of 0.006 Index, 2020 in 1995. Romania GDP: Deflator: Final Consumption Expenditure: Government 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: Deflator: Forecast: Non OECD Member: Annual. None

Romania GDP: Deflator: Final Consumption Expenditure: Private data was reported at 1.466 Index, 2020 in 2026. This records an increase from the previous number of 1.427 Index, 2020 for 2025. Romania GDP: Deflator: Final Consumption Expenditure: Private data is updated yearly, averaging 0.783 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.466 Index, 2020 in 2026 and a record low of 0.024 Index, 2020 in 1995. Romania GDP: Deflator: Final Consumption Expenditure: Private 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: Deflator: Forecast: Non OECD Member: Annual. None

Romania GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data was reported at 1.601 Index, 2020 in 2026. This records an increase from the previous number of 1.551 Index, 2020 for 2025. Romania GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data is updated yearly, averaging 0.785 Index, 2020 from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 1.601 Index, 2020 in 2026 and a record low of 0.022 Index, 2020 in 1995. Romania GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) 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: Deflator: Forecast: Non OECD Member: Annual. None