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 19,051,562 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 2022 was 134,469 millions of euros (152,082 millions of dollars), ( 47.2% debt-to-GDP ratio) and its public debt per capita is €7,058 euros per inhabitant$7,983 dollars per inhabitant.

The last annual rate of CPI published in Romania was on February of 2024 and it was 7.2%.

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 [+]2023Q44,184K
Annual GDP [+]2023€323,160M
Annual GDP [+]2022$301,273M
GDP per capita [+]2023€16,960
GDP per capita [+]2022$15,821
Quarterly GDP [+]2023Q4€83,689M
Debt (M.€.) [+]2022134,469
Debt ($M) [+]2022152,082
Debt (%GDP) [+]202247.20%
Debt Per Capita [+]2022€7,058
Debt Per Capita [+]2022$7,983
Deficit (M.€) [+]2022-17,890
Deficit ($M) [+]2022-17,404
Deficit (%GDP) [+]2022-6.30%
Expenditure (M.€) [+]2022114,309.0
Expenditure ($M) [+]2022110,930.9
Education Expenditure (M.€) [+]20186,892.6
Education Expenditure ($M) [+]20188,144.4
Education Expenditure (%Bud.) [+]201810.46%
Gov. Health Exp. (M.€) [+]202112,244,862,338.7
Gov. Health Exp.($M) [+]201911,536.6
Gov. Health Exp. (%Bud.) [+]201712.05%
Defence Expenditure (M.€) [+]20224,947.4
Defence Expenditure ($M) [+]20225,213.7
Defence Expenditure (%Bud.) [+]20224.97%
Expenditure (%GDP) [+]202240.20%
Expenditure Per Capita [+]2022€6,000
Expenditure Per Capita [+]2022$5,823
Education Expenditure P.C [+]2018€354
Education Expenditure P.C [+]2018$417
Gov. Health Exp. P.C. [+]2021€640
Gov. Health Exp. P.C. [+]2019$596
Defence Expenditure P.C. [+]2022€260
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 [+]January 20245.7%
Unemployment rate [+]2023Q45.8%
Unemployed [+]2023Q4476K
NMW [+]2023$644.3
NMW [+]2024€663.2
Average Wage [+]2022$14,933
Average Wage [+]2022€14,181
Human Capital Ranking [+]201742º
Markets
Euro / Romanian new lei [+]03/18/20244.9715
US Dollar exchange rate [+]03/18/20244.5614
Stock ExchangeYTD % [+]03/15/202439.29%
Prices
CPI (overall index) [+]February 20247.2%
HICP [+]February 20247.1%
PPI Year on Year [+]January 2024-8.0%
Money Market
Key rates [+]01/11/20237.00%
Business
Doing Business [+]202055º
IPI Year on Year [+]January 2024-4.0%
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) [+]202227.4%
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$92,823.8M
Exports % GDP [+]202232.17%
Imports [+]2023€122,016.0M
Imports [+]2023$120,398.7M
Imports % GDP [+]202244.10%
Trade balance [+]2023€-28,941.3M
Trade balance [+]2023$-30,128.7M
Trade balance % GDP [+]2022-11.93%
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 ($M) [+]20174,943.6
% Immigrant [+]20203.67%
% Emigrant [+]202020.76%
Birth Rate [+]20229.60‰
Remittance sent ($M) [+]2017590.7
Crude death rate [+]202214.30‰
Fertility Rate [+]20221.71
Crude marriage rate [+]20226.20‰
% risk of poverty [+]202221.2%
Population [+]202219,051,562
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 [+]20209.14
Number of homicides [+]2022247
Rate Homicides per 100.000 [+]20221.26
Energy and Environment
CO2 Tons per capita [+]20214.08
Annual crude oil production [+]202262
Crude Oil Reserves [+]2021600.0
Consumption GWh [+]202150,527
Generation GWh [+]202155,019
Others
COVID-19 - Deaths [+]03/05/202468,697
COVID-19 - Confirmed [+]03/05/20243,523,438
Fully vaccinated [+]06/11/20228,114,769
COVID-19 - Deaths per million population [+]03/05/20243,605.85
Doses administered [+]06/11/202216,827,486