Name: Romania Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

The Romanian gross domestic product expanded by 5.9 percent in 2021, recovering from a 3.9 percent contraction in 2020. source: Institutul National de Statistica

Full Year GDP Growth in Romania averaged 3.37 percent from 2012 until 2021, reaching an all time high of 7.10 percent in 2017 and a record low of -3.90 percent in 2020. This page includes a chart with historical data for Romania Full Year GDP Growth. Romania Full Year GDP Growth - values, historical data and charts - was last updated on September of 2022.

Full Year GDP Growth in Romania is expected to reach 1.70 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Full Year GDP Growth is projected to trend around 4.70 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Growth Rate	2.10	5.10	percent	Jun 2022
GDP Annual Growth Rate	5.30	6.40	percent	Jun 2022
GDP	284.09	249.51	USD Billion	Dec 2021

Romania Full Year GDP Growth

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.