Average economic size of farms by standard output, farm type and age in Romania
Romania: Average economic size of farms by standard output, farm type and age was 14.76 billion Euro in 2023. ▲ Rising
Latest (2023)
14.76 billion Euro
Change on year
up 22.0%
World rank
12th
of 40 countries
All-time high
14.76 billion Euro
in 2023
All-time low
9.87 billion Euro
in 2010
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Romania, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
In 2023, average economic size of farms by standard output, farm type and age in Romania stood at 14.76 billion Euro. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 22.0% on the previous year and up 23.1% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Romania peaked at 14.76 billion Euro in 2023 and was at its lowest, 9.87 billion Euro, in 2010.
That places Romania 12th out of 40 countries with data for 2023, putting it in the middle of the range.
Average economic size of farms by standard output, farm type and age in Romania, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 10.49 billion Euro | — |
| 2007 | 10.12 billion Euro | -3.5% |
| 2010 | 9.87 billion Euro | -2.4% |
| 2013 | 11.99 billion Euro | +21.4% |
| 2016 | 12.11 billion Euro | +1.0% |
| 2020 | 12.09 billion Euro | -0.1% |
| 2023 | 14.76 billion Euro | +22.0% |
Romania compared with similar countries
- Romania's 14.76 billion Euro is above the median for Europe & Central Asia, which is 7.96 billion Euro, 1.9× the median. (29 countries reporting)
- Romania's 14.76 billion Euro is above the median for high income countries, which is 7.66 billion Euro, 1.9× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.30 billion Euro | 10.12 billion Euro | 10.49 billion Euro | 2 |
| 2010s | 11.32 billion Euro | 9.87 billion Euro | 12.11 billion Euro | 3 |
| 2020s | 13.42 billion Euro | 12.09 billion Euro | 14.76 billion Euro | 2 |
Countries ranked near Romania
- 10 United Kingdom 25.35 billion Euro compare
- 10 United Kingdom 25.35 billion Euro compare
- 13 Denmark 10.76 billion Euro compare
- 14 Belgium 9.29 billion Euro compare
- 15 Ireland 8.52 billion Euro 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 803.14 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 42.23 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 9.37 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.94 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0219 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 492.84 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.51 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Romania?
- Average economic size of farms by standard output, farm type and age in Romania was 14.76 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Romania?
- The highest recorded value was 14.76 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Romania?
- The lowest recorded value was 9.87 billion Euro in 2010.
- How does Romania rank for average economic size of farms by standard output, farm type and age?
- Romania ranks 12th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Romania?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Romania data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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