gdp

The Ministry of Finance has made transparent the national budget structural plan for the medium term – 2025-2031, which stipulates the provision of a trajectory for the adjustment of the budget deficit for a period of 7 years,...
29 octombrie, 2024
Romanians’ financial assets, namely the deposits, cash, bonds, shares and investment funds they own, amounted to 30% of GDP in 2023. Although the percentage is small even in comparison to the region, it still seems significant enough to...
10 octombrie, 2024
First, let the cold figures talk: The data on GDP evolution in the first half of the year were published at the beginning of September. Subsequently, GDP rose by 0.8% in Q2 against the same quarter of 2023....
16 septembrie, 2024
Everyone expects a tax hike starting 2025-26 – a logical consequence of the correction coming after the deficit and consumption-on-credit feast years of 2023-24: But the problem is NOT just budgetary: The analysis below puts together numbers revealing...
27 august, 2024
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter (revised slightly downwards against the previous signal data of 0.5%). Economic growth in...
11 iunie, 2024
Lending volume has increased since the summer of 2023, despite a maintaining high interest rate of approximately 8% on housing loans. Despite mortgage interest rates being nearly double compared to 2-3 years ago, potential clients no longer waited...
4 iunie, 2024
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing production costs, but there are certain economic actors who benefit from high inflation...
30 aprilie, 2024
The estimated Gross Domestic Product for 2023 was RON 1.605.5 bln at current prices (EUR 321 billion), increasing – in real terms – by 2.1% compared with 2022. The estimated GDP (gross series) for Q4/2023 was RON 482.4 bln at current prices, increasing –...
12 aprilie, 2024
In the last decade, Romanian economy has undergone one of the most pronounced structural changes at European level.Between 2013 and 2022 (the most recent year with data available from Eurostat), the share of industry and agriculture in the...
11 martie, 2024
Romania’s internal development divergence has resumed its post-pandemic growth, after having started to decrease in 2019.Despite policies to fight the difference in development among Romania’s region, inasmuch as stated at least, the economic center of gravity is shifting...
16 februarie, 2024
Financial consultancy company McKinsey Global Institute showed in a study from 2023 that the increase of assets prices in the United States of America in the last two decades created approximately 160 trillion dollars of “wealth on paper”. During the...
3 februarie, 2024
While Romania is unable to exceed the threshold of 0.5% of GDP in terms of total expenditure (public and private funds) on Research and Development (R&D), companies in four member states in the region already register contributions exceeding...
11 ianuarie, 2024
The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version made public. The nominal value resulting from the overall calculation for the last...
15 martie, 2021
Romania’s GDP will increase by 3.8% in 2021 and 4% in 2022, respectively, according to the winter economic forecasts, published on Thursday by the European Commission. Inflation in Romania would be 2.6% this year and 2.4% next year....
14 februarie, 2021
The GDP 2020 estimate has been reduced for the third time in a row in the so-called Preliminary Autumn Forecast for the budget amendment published by the specialised National Commission. From an economic result of RON 1,141.4 billion...
23 noiembrie, 2020
The National Institute of Statistics confirmed the economic growth of 2.4% in gross series and 2.7% in seasonally adjusted series for the first quarter of the current year compared to the same period of the previous year. The...
13 iulie, 2020
According to data provided by INS, in November 2019 Romania recorded a new alarming decrease in monthly industrial production at the level of the negative share of -7.7%, the same as in the previous month (compared to which...
19 ianuarie, 2020
In this second article of the series dedicated to the analysis of the quantitative easing performed by the European Central Bank (ECB), we will focus on the second argument brought in favor of such a policy. An unsatisfactory...
9 octombrie, 2019
Gross Domestic Product for the first quarter of 2019 increased by 5% in real terms compared to the same period of the previous year (5.1% adjusted by seasonality, which will be communicated to Eurostat for comparability with other...
20 mai, 2019
Romania’s economy climbed to 15th position within the European Union, according to data published by Eurostat on 2018 related to GDP expressed in euro (nominal values). After outpacing Greece in 2017, last year, we also surpassed another economy...
22 aprilie, 2019

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