Full Year GDP Growth in Romania decreased to 4.90 percent in 2022 from 5.90 percent in 2021. source: Institutul National de Statistica

Full Year GDP Growth in Romania averaged 3.53 percent from 2012 until 2022, reaching an all time high of 7.10 percent in 2017 and a record low of -3.70 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 February of 2023.

Full Year GDP Growth in Romania is expected to reach 2.80 percent by the end of 2023, 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 3.60 percent in 2024 and 3.40 percent in 2025, according to our econometric models.

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Romania Full Year GDP Growth

Related Last Previous Unit Reference
GDP Growth Rate 1.20 1.20 percent Sep 2022
GDP Annual Growth Rate 3.80 5.10 percent Sep 2022
GDP 284.09 251.36 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.
Actual Previous Highest Lowest Dates Unit Frequency
4.90 5.90 7.10 -3.70 2012 - 2022 percent Yearly
Constant Prices, NSA