Romania Romania

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Romania, is a country located at Eastern Europe, it has an area of 238,400 Km2.

Romania, with a population of 19,054,548 people, it is ranked at 66º position by population of 196 countries and it has a moderate population density, 80 people per km2.

It's capital is Bucharest and its currency is Romanian new lei

Romania is holding the 45 position by nominal GDP. Its national debt in 2023 was 157,475 millions of euros (170,278 millions of dollars), ( 48.8% debt-to-GDP ratio) and its public debt per capita is €8,264 euros per inhabitant$8,936 dollars per inhabitant.

The last annual rate of CPI published in Romania was on March of 2024 and it was 6.6%.

In terms of the human development index (HDI) of Romania, which is the index used by the United Nations to measure the progress of a country, was 0.821 points in 2021, leaving it in 53th place in the table of 191 countries published.

If the reason to visit Romania are business, you must know it's in the 55th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Romania, if you want to see information about other countries click here

Bucharest: Monthly Temp.
Bucharest: Monthly Rainfall
Romania Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q44,443K
Annual GDP [+]2023€324,578M
Annual GDP [+]2023$350,966M
GDP per capita [+]2023€17,030
GDP per capita [+]2023$18,419
Quarterly GDP [+]2023Q4€84,657M
Debt (M.€.) [+]2023157,475
Debt ($M) [+]2023170,278
Debt (%GDP) [+]202348.80%
Debt Per Capita [+]2023€8,264
Debt Per Capita [+]2023$8,936
Deficit (M.€) [+]2023-21,543
Deficit ($M) [+]2023-23,295
Deficit (%GDP) [+]2023-6.60%
Expenditure (M.€) [+]2023130,469.4
Expenditure ($M) [+]2023141,076.6
Education Expenditure (M.€) [+]20186,892.6
Education Expenditure ($M) [+]20188,076.1
Education Expenditure (%Bud.) [+]201810.46%
Gov. Health Exp. (M.€) [+]202112,244,862,338.7
Gov. Health Exp.($M) [+]201911,536.6
Gov. Health Exp. (%Bud.) [+]201712.05%
Defence Expenditure (M.€) [+]20224,917.8
Defence Expenditure ($M) [+]20225,213.7
Defence Expenditure (%Bud.) [+]20224.97%
Expenditure (%GDP) [+]202340.20%
Expenditure Per Capita [+]2023€6,847
Expenditure Per Capita [+]2023$7,404
Education Expenditure P.C [+]2018€354
Education Expenditure P.C [+]2018$413
Gov. Health Exp. P.C. [+]2021€640
Gov. Health Exp. P.C. [+]2019$596
Defence Expenditure P.C. [+]2022€258
Defence Expenditure P.C. [+]2022$274
Moody's Rating [+]11/03/2023Baa3
S&P Rating [+]04/16/2021BBB-
Fitch Rating [+]05/01/2020BBB-
Corruption Index [+]202246
Competitiveness Ranking [+]201951º
Fragile States Index [+]201849.4
RTI Raking [+]202267º
Innovation Ranking [+]201849º
Labour
Unemployment Rate [+]February 20245.6%
Unemployment rate [+]2023Q45.8%
Unemployed [+]2023Q4476K
NMW [+]2024$734.0
NMW [+]2024€663.2
Average Wage [+]2022$14,933
Average Wage [+]2023€17,602
Human Capital Ranking [+]201742º
Markets
Euro / Romanian new lei [+]04/26/20244.9765
US Dollar exchange rate [+]04/26/20244.6373
Stock ExchangeYTD % [+]04/25/202445.51%
Prices
CPI (overall index) [+]March 20246.6%
HICP [+]March 20246.7%
PPI Year on Year [+]February 2024-9.0%
Money Market
Key rates [+]01/11/20237.00%
Business
Doing Business [+]202055º
IPI Year on Year [+]February 2024-2.0%
Passengers vehicles Year [+]December 2022129,328
Annual Vehicles/ 1,000 p. [+]December 20227.91
Motor vehicle production [+]2022509,465
Vehicles / 1,000 people [+]2021464.93
Taxes
Tax Revenue (%GDP) [+]202227.5%
Standard VAT [+]01/01/201620.00%
Top tax rate + SSC [+]202010.0%
Trade
Annual arrivals [+]20192,683,748
Exports [+]2023€93,074.7M
Exports [+]2023$100,611.8M
Exports % GDP [+]202328.68%
Imports [+]2023€122,016.0M
Imports [+]2023$131,912.4M
Imports % GDP [+]202337.59%
Trade balance [+]2023€-28,941.3M
Trade balance [+]2023$-31,300.6M
Trade balance % GDP [+]2023-8.92%
Retail Sales YoY [+]December 20233.0%
Socio-Demography
Global AgeWatch Ranking [+]201545º
Density [+]202280
Global Peace Ranking [+]202331º
Crude divorce rate [+]20221.20‰
Remittance received ($M) [+]20174,943.6
% Immigrant [+]20203.67%
% Emigrant [+]202020.76%
Birth Rate [+]20229.40‰
Remittance sent ($M) [+]2017590.7
Crude death rate [+]202214.30‰
Fertility Rate [+]20221.71
Crude marriage rate [+]20226.20‰
% risk of poverty [+]202321.1%
Population [+]202219,054,548
Immigrant stock [+]2020705,310
Emigrant stock [+]20203,987,093
HDI [+]20210.821
Gender Gap Ranking [+]202388º
Life expectancy [+]202275.10
Suicides [+]20211,783
Suicide rate [+]20219.40
Number of homicides [+]2022247
Rate Homicides per 100.000 [+]20221.26
Energy and Environment
CO2 Tons per capita [+]20224.03
Annual crude oil production [+]202359
Crude Oil Reserves [+]2021600.0
Consumption GWh [+]202249,805
Generation GWh [+]202254,786
Others
COVID-19 - Deaths [+]04/14/202468,715
COVID-19 - Confirmed [+]04/14/20243,526,775
Fully vaccinated [+]06/11/20228,114,769
COVID-19 - Deaths per million population [+]04/14/20243,606.23
Doses administered [+]06/11/202216,827,486