Romania: Economy

Economic Trivia

Romania is the largest producer of motor vehicles in Eastern Europe.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Germany, Italy, and Hungary
Top 3 Exported Goods (2014): Electrical Machinery, Motor Vehicles & Parts, and Industrial Machinery

Top Industries Source: CIA World Factbook

Electric Machinery and Equipment; Textiles and Footwear; Light Machinery and Auto Assembly; Mining

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $405,015,302,557 (2014)
GDP Growth Rate (annual %) 2.777% (2014)
GDP Per Capita, PPP (current international) $20,348 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 43/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.069% (2014)
External debt stocks, total (DOD, current US$) $133,996,186,000 (2013)
Total tax rate (% of commercial profits) 42% (2015)
Real Interest Rate (5 year average %) 4.487% (2014)
Manufacturing, value added (% of GDP) 21.484% (2012)
Current Account Balance (BoP, current US$) ($950,776,761) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 9,527,721 (2014)
Employment in Agriculture (% of total employment) 25.4% (2014)
Employment in Industry (% of total employment) 30.1% (2014)
Employment in Services (% of total employment) 44.5% (2014)
Unemployment Rate 7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $81,691,179,983 (2014)
Exports of goods and services (current US$) $81,865,490,266 (2014)
Total Merchandise Trade (% of GDP) 74.11% (2014)
FDI, net inflows (BoP, current US$) $3,864,199,394 (2014)
Commercial Service Exports (current US$) $19,920,358,724 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Romania’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary