Romania GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

0.2

Units In

0.7

Frequency

Quarterly

Next Release

Jul 08, 2025

Time to Release

1 Months 0 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
13.9 Jun 2021	-10.1 Jun 2020	3.01 %	1996-2025	Institutul National de Statistica

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.

Latest Updates

Romania's GDP expanded by 0.3% year-on-year in the first quarter of 2025, slightly above the preliminary estimate of 0.2%, but sharply slowing from 1.5% in the previous three-month period, according to second estimates. This marked the slowest growth since the first quarter of 2024, largely due to a decline in government spending (-2.9%). Meanwhile, gross fixed capital formation surged by 18.9%, and household consumption also increased slightly by 0.3%. Net external demand weighed on growth, as imports grew 3.8%, outpacing the 3.4% gain in exports. On a seasonally adjusted quarterly basis, the economy stagnated in Q1, following 0.5% growth in the previous quarter.