Romania GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$20,080.21

Source: world bank Nominal/PPP
Summary:

Romania GDP Per Capita expanded from 1987 to 2024, increasing from $1,658.76 to $20,080.21 .The compound annual growth rate (CAGR) averaged 6.97% 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 38.42%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Romania 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 20,080.21 dollars$ 49,076.54 Int dollars
Growth (YoY)10.062%6.731%
Net Change vs Previous Year$ 1,835.79 dollars$ 3,094.94 Int dollars
% of World GDP Per Capita18.09%24.58%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Romania GDP | Romania GDP Growth

Romania Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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19871658.76-----
19881753.1994.435.693 %---
19891789.6436.452.079 %---
19901648.49-141.16-7.888 %5280.24--
19911254.31-394.17-23.911 %4795.11-485.14-9.188 %
19921102.1-152.21-12.135 %4515.01-280.1-5.841 %
19931158.0655.955.077 %4699.08184.084.077 %
19941323.03164.9814.246 %4995.39296.36.306 %
19951650.05327.0224.717 %5429.01433.638.681 %
19961633.01-17.04-1.033 %5745.67316.665.833 %
19971577.34-55.67-3.409 %5564.35-181.32-3.156 %
19981852.55275.2217.448 %5544.67-19.68-0.354 %
19991599.91-252.65-13.638 %5596.4551.780.934 %
20001659.9360.023.752 %5850.08253.644.532 %
20011825.19165.269.956 %6519.89669.811.449 %
20022119.86294.6616.144 %7162.29642.419.853 %
20032679.41559.5526.396 %7559.42397.125.545 %
20043494.99815.5830.439 %8989.321429.918.916 %
200546181123.0132.132 %9602.12612.816.817 %
20065757.531139.5324.676 %11554.081951.9520.328 %
20078360.342602.8145.207 %13702.752148.6718.597 %
200810435.162074.8224.817 %16782.033079.2822.472 %
20098548.45-1886.7-18.08 %16640.8-141.24-0.842 %
20108399.54-148.92-1.742 %17354.67713.884.29 %
20119560.681161.1413.824 %18803.871449.198.35 %
20128929.95-630.72-6.597 %19807.61003.735.338 %
20139497.67567.726.357 %19678.11-129.49-0.654 %
201410031.77534.15.623 %20632.99954.884.853 %
20158977.02-1054.75-10.514 %21624.56991.574.806 %
20169404.54427.524.762 %23905.172280.6110.546 %
201710727.981323.4414.072 %26943.313038.1312.709 %
201812416.131688.1515.736 %29382.762439.459.054 %
201912909.61493.483.974 %33425.334042.5713.758 %
202013009.1899.570.771 %34193.84768.512.299 %
202114907.981898.814.596 %37534.163340.329.769 %
202215503.55595.573.995 %41979.264445.111.843 %
202318244.422740.8717.679 %45981.64002.349.534 %
202420080.211835.7910.062 %49076.543094.946.731 %

Romania Economic Phases (1987 - 2024)

From 1987 to 2024, Romania economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Crisis (1991–1992) indicating severe economic downturn
  • High Growth (1993–1995) indicating robust economic expansion
  • Contraction (1996–1997) indicating temporary slowdown
  • High Growth (2001–2008) indicating robust economic expansion
  • High Growth (2013–2014) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2019–2020) indicating steady moderate growth
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 45.207%, while the largest decline was in 1991 at -23.911%.