Converter New Leu (exchange rate RON)

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• iso 4217: RON
• Romania (Europe)

Romania GDP Growth Rate

The Gross Domestic Product (GDP) in Romania contracted 0.1 percent in the first quarter of 2012 over the previous quarter. Historically, from 2000 until 2011, Romania's average quarterly GDP Growth was 0.94 percent reaching an historical high of 3.60 percent in March of 2008 and a record low of -4.80 percent in March of 2009. Romania is an upper-middle income economy and has been part of the European Union since 2007. In recent years, domestic consumption and foreign direct investments have been stimulating Romania's GDP growth. Yet, corruption and red tape continue to be major hurdle for the future development. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. This page includes: Romania GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Romania GDP Annual Growth Rate, which measures growth over a full economic year.

source: National Institute of Statistics

Romania GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Romania expanded 0.8 percent in the first quarter of 2012 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 2001 until 2011, Romania's average annual GDP Growth was 4.04 percent reaching an historical high of 9.80 percent in September of 2004 and a record low of -8.70 percent in June of 2009. This page includes: Romania Annual GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Romania GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: National Institute of Statistics

Romania Industrial Production

Industrial Production in Romania increased 0.5 percent in March of 2012. This page includes a chart with historical data for Romania's Industrial Production.

source: National Institute of Statistics

Romania Inflation Rate

The inflation rate in Romania was last reported at 1.8 percent in April of 2012. This page includes a chart with historical data for Romania's Inflation Rate. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy.

source: National Institute of Statistics

Romania Unemployment Rate

The unemployment rate in Romania was last reported at 7.7 percent in the fourth quarter of 2011. This page includes a chart with historical data for Romania's Unemployment Rate.

source: National Institute of Statistics

Romania Imports

Romania imports were worth 4728 Million EUR in March of 2012. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. Its main imports partners are other European Union members with Germany, Italy, Hungary and France being the most important. Others include Russia and Turkey. This page includes a chart with historical data for Romania's Imports.

source: National Institute of Statistics

Romania Exports

Romania exports were worth 4014 Million EUR in March of 2011. Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania main exports partners are other European Union members with Germany, Italy and France being the most important. Others include Turkey. This page includes a chart with historical data for Romania's exports.

source: National Institute of Statistics

Romania Balance of Trade

Romania reported a trade deficit equivalent to 714 Million EUR in March of 2012. Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. More than 70% of exports and imports are with other European Union members with Italy, Germany and France being the most important. This page includes a chart with historical data for Romania's Balance of Trade.

source: National Institute of Statistics

Romania Annual Retail Sales

Retail Sales in Romania increased 3.1 percent in March of 2012 over the previous year. From 2001 until 2011, Romania's average Retail Sales was 7.80 percent reaching an historical high of 32.80 percent in June of 2008 and a record low of -17.30 percent in June of 2009. This page includes a chart with historical data for Romania's Retail Sales.

source: National Institute of Statistics

Romania Retail Sales

Retail Sales in Romania increased 1.2 percent in March of 2011 over the previous month. From 2000 until 2011, Romania's average Retail Sales was 0.58 percent reaching an historical high of 10.90 percent in December of 2007 and a record low of -5.60 percent in July of 2010. This page includes a chart with historical data for Romania's Retail Sales.

source: National Institute of Statistics

Romania Current Account

Romania reported a current account deficit equivalent to 626 Million EUR in February of 2012. This page includes a chart with historical data for Romania's Current Account.

source: National Bank of Romania

Romania Interest Rate

The benchmark interest rate in Romania was last reported at 5.25 percent. In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate. This page includes a chart with historical data for Romania's Interest Rate.

source: National Bank of Romania

Romania Government Debt To GDP

The Government Debt in Romania was last reported at 33.3 percent of the country´s GDP. From 1999 until 2010, Romania's average Government Debt to GDP was 20.30 percent reaching an historical high of 30.80 percent in December of 2010 and a record low of 12.40 percent in December of 2006. Generally, Government debt as a percent of GDP is used by investors to measure Romania's ability to make future payments on its debt, thus affecting Romania's borrowing costs and government bond yields. This page includes a chart with historical data for Romania's General Government Gross Debt as a percent of GDP.

source: Eurostat

Romania Government Budget

Romania reported a government budget deficit equivalent to 5.2 percent of the Gross Domestic Product (GDP) in 2011. This page includes a chart with historical data for Romania's Government Budget.

source: Finance Ministry of Romania

Romania GDP per capita

The GDP per capita in Romania was last reported at 2636 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Romania standed at 2607 US dollars in December of 2009. The GDP per capita in Romania is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1980 until 2010, Romania's average GDP Per Capita was 1999.54 dollars reaching an historical high of 2844.64 dollars in December of 2008 and a record low of 1532.66 dollars in December of 1992. This page includes a chart with historical data for Romania's GDP Per Capita.

source: World Bank

Romania GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in Romania was last reported at 14287 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Romania standed at 14216 US dollars in December of 2009. The GDP per capita PPP in Romania is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1981 until 2010, Romania's average GDP per capita PPP was 6910.37 dollars reaching an historical high of 14657.59 dollars in December of 2008 and a record low of 3702.98 dollars in December of 1981. This page includes a chart with historical data for Romania's GDP per capita PPP.

source: World Bank

Romania Population

The total population in Romania was last reported at 21.5 million people in 2010 from 18.4 million in 1960, changing 17 percent during the last 50 years. Romania has 0.31 percent of the world´s total population which means that one person in every 321 people on the planet is a resident of Romania. This page includes a chart with historical data for Romania's Total Population.

source: World Bank

Romania GDP

Romania Gross Domestic Product is worth 162 billion dollars or 0.26% of the world economy, according to the World Bank. Historically, from 1987 until 2010, Romania's average Gross Domestic Product was 67.68 billion dollars reaching an historical high of 200.10 billion dollars in December of 2008 and a record low of 25.10 billion dollars in December of 1992. Romania is an upper-middle income economy and has been part of the European Union since 2007. In recent years, domestic consumption and foreign direct investments have been stimulating Romania's GDP growth. Yet, corruption and red tape continue to be major hurdle for the future development. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. This page includes: Romania GDP chart, historical data, forecasts and news.

source: the World Bank

datas from tradingeconomics.com

21 May 2012 ► Converter New Leu ► Free online currency conversion based on exchange rates. Currency converter