Annual growth of general government final consumption expenditure in Romania
Romania: Annual growth of general government final consumption expenditure was 6.32 in 2023. ◆ Volatile
Latest (2023)
6.32
Change on year
up 542.0%
World rank
23rd
of 167 countries
All-time high
7.2
in 2012
All-time low
-12.39
in 2003
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Romania, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Romania is 6.32, measured in 2023.
Compared with earlier readings it is up 542.0% on the previous year and up 480.7% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Romania peaked at 7.2 in 2012 and was at its lowest, -12.39, in 2003.
That places Romania 23rd out of 167 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Romania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.7 | — |
| 2001 | -3.82 | +124.7% |
| 2002 | -2.53 | -33.8% |
| 2003 | -12.39 | +389.7% |
| 2004 | 1.06 | -108.6% |
| 2005 | 7.18 | +577.4% |
| 2006 | -2.45 | -134.1% |
| 2007 | 2.16 | -188.2% |
| 2008 | 5.9 | +173.1% |
| 2009 | -4.06 | -168.8% |
| 2010 | -1.7 | -58.1% |
| 2011 | -1.49 | -12.4% |
| 2012 | 7.2 | -583.2% |
| 2013 | -1.66 | -123.1% |
| 2014 | 5.51 | -431.9% |
| 2015 | -1.74 | -131.6% |
| 2016 | 0.31 | -117.8% |
| 2017 | 4.27 | +1277.4% |
| 2018 | 4.82 | +12.9% |
| 2019 | 6.86 | +42.3% |
| 2020 | 2.56 | -62.7% |
| 2021 | -0.56 | -121.9% |
| 2022 | -1.43 | +155.4% |
| 2023 | 6.32 | -542.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.06 | -12.39 | 7.18 | 10 |
| 2010s | 2.24 | -1.74 | 7.2 | 10 |
| 2020s | 1.72 | -1.43 | 6.32 | 4 |
Countries ranked near Romania
- 20 Latvia 7 compare
- 20 Russian Federation 7 compare
- 22 Mozambique 6.66 compare
- 24 Honduras 5.96 compare
- 25 Gambia 5.75 compare
- 26 Saudi Arabia 5.74 compare
More economy & growth data for Romania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.1182 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,665 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.5286 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 11,914 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0886 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,997 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 4,456 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.45 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Romania?
- Annual growth of general government final consumption expenditure in Romania was 6.32 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Romania?
- The highest recorded value was 7.2 in 2012.
- What is the lowest annual growth of general government final consumption expenditure recorded in Romania?
- The lowest recorded value was -12.39 in 2003.
- How does Romania rank for annual growth of general government final consumption expenditure?
- Romania ranks 23rd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Romania?
- Over the last ten years it is up 480.7%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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