[ Nominal GDP in billions of USD ]
Year -
$382.56 billions
Romania GDP expanded from 1987 to 2024, increasing from $38.07 billion to $382.56 billion.The compound annual growth rate (CAGR) averaged 6.43% over the period. The economy recorded its peak level in 2024 and its lowest level in 1992. Growth volatility remained high. The maximum drawdown reached 39.4%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 382.56 Billions | $ 935.00 Int Billions |
| Growth (YoY) | 10.009% | 6.679% |
| Net Change vs Previous Year | $ 34.81 Billion | $ 58.54 Int Billion |
| % of World GDP | 0.34% | 0.47% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | 38.07 | - | - | - | - | - |
| 1988 | 40.42 | 2.36 | 6.192 % | - | - | - |
| 1989 | 41.45 | 1.03 | 2.539 % | - | - | - |
| 1990 | 38.25 | -3.2 | -7.727 % | 122.51 | - | - |
| 1991 | 28.85 | -9.4 | -24.569 % | 110.29 | -12.22 | -9.973 % |
| 1992 | 25.12 | -3.73 | -12.925 % | 102.92 | -7.38 | -6.688 % |
| 1993 | 26.36 | 1.24 | 4.934 % | 106.97 | 4.05 | 3.935 % |
| 1994 | 30.07 | 3.71 | 14.08 % | 113.55 | 6.58 | 6.151 % |
| 1995 | 37.43 | 7.36 | 24.465 % | 123.15 | 9.61 | 8.461 % |
| 1996 | 36.94 | -0.49 | -1.317 % | 129.96 | 6.81 | 5.528 % |
| 1997 | 35.58 | -1.36 | -3.687 % | 125.5 | -4.46 | -3.434 % |
| 1998 | 41.7 | 6.12 | 17.205 % | 124.8 | -0.7 | -0.56 % |
| 1999 | 35.95 | -5.74 | -13.773 % | 125.76 | 0.97 | 0.776 % |
| 2000 | 37.25 | 1.3 | 3.617 % | 131.29 | 5.53 | 4.397 % |
| 2001 | 40.4 | 3.14 | 8.432 % | 144.3 | 13 | 9.905 % |
| 2002 | 46.07 | 5.67 | 14.037 % | 155.64 | 11.34 | 7.86 % |
| 2003 | 57.81 | 11.74 | 25.487 % | 163.09 | 7.45 | 4.786 % |
| 2004 | 74.97 | 17.17 | 29.698 % | 192.84 | 29.75 | 18.24 % |
| 2005 | 98.45 | 23.48 | 31.319 % | 204.71 | 11.88 | 6.159 % |
| 2006 | 122.02 | 23.57 | 23.939 % | 244.87 | 40.16 | 19.618 % |
| 2007 | 174.59 | 52.57 | 43.078 % | 286.15 | 41.28 | 16.858 % |
| 2008 | 214.32 | 39.73 | 22.755 % | 344.67 | 58.51 | 20.448 % |
| 2009 | 174.11 | -40.21 | -18.76 % | 338.93 | -5.74 | -1.664 % |
| 2010 | 170.06 | -4.05 | -2.324 % | 351.38 | 12.45 | 3.672 % |
| 2011 | 192.62 | 22.56 | 13.265 % | 378.85 | 27.47 | 7.819 % |
| 2012 | 179.12 | -13.51 | -7.012 % | 397.3 | 18.45 | 4.87 % |
| 2013 | 189.8 | 10.68 | 5.963 % | 393.24 | -4.06 | -1.022 % |
| 2014 | 199.72 | 9.92 | 5.229 % | 410.78 | 17.54 | 4.46 % |
| 2015 | 177.89 | -21.84 | -10.934 % | 428.5 | 17.72 | 4.314 % |
| 2016 | 185.29 | 7.41 | 4.163 % | 470.99 | 42.48 | 9.914 % |
| 2017 | 210.15 | 24.86 | 13.415 % | 527.78 | 56.8 | 12.06 % |
| 2018 | 241.79 | 31.64 | 15.058 % | 572.2 | 44.41 | 8.415 % |
| 2019 | 250.08 | 8.29 | 3.428 % | 647.5 | 75.3 | 13.161 % |
| 2020 | 250.63 | 0.54 | 0.218 % | 658.75 | 11.25 | 1.737 % |
| 2021 | 285.07 | 34.45 | 13.744 % | 717.73 | 58.98 | 8.953 % |
| 2022 | 295.32 | 10.25 | 3.595 % | 799.64 | 81.91 | 11.413 % |
| 2023 | 347.76 | 52.44 | 17.757 % | 876.46 | 76.82 | 9.606 % |
| 2024 | 382.56 | 34.81 | 10.009 % | 935 | 58.54 | 6.679 % |
Between 1987 to 2024, Romania experienced the following economic phases:
The most remarkable growth occurred in 2007 with an increase of 43.078%, while the largest decline was in 1991 at -24.569%.