Gross domestic product (GDP) in Romania
Romania: Gross domestic product (GDP) was 661.59 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
661.59 billion international-$ in 2021 prices
Change on year
up 2.7%
World rank
40th
of 184 countries
All-time high
661.59 billion international-$ in 2021 prices
in 2023
All-time low
31.30 billion international-$ in 2021 prices
in 1960
Years of data
64
1960–2023
Gross domestic product (GDP) in Romania, 1960–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Romania is 661.59 billion international-$ in 2021 prices, measured in 2023. That is the highest value across all 64 years on record.
That represents a change of up 2.7% on the previous year and up 51.9% over ten years.
Over the whole period, gross domestic product (gdp) in Romania peaked at 661.59 billion international-$ in 2021 prices in 2023 and was at its lowest, 31.30 billion international-$ in 2021 prices, in 1960.
Romania ranks 40th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Romania, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1960 | 31.30 billion international-$ in 2021 prices | — |
| 1961 | 34.40 billion international-$ in 2021 prices | +9.9% |
| 1962 | 37.70 billion international-$ in 2021 prices | +9.6% |
| 1963 | 40.78 billion international-$ in 2021 prices | +8.2% |
| 1964 | 43.33 billion international-$ in 2021 prices | +6.3% |
| 1965 | 47.60 billion international-$ in 2021 prices | +9.9% |
| 1966 | 50.14 billion international-$ in 2021 prices | +5.3% |
| 1967 | 55.75 billion international-$ in 2021 prices | +11.2% |
| 1968 | 59.68 billion international-$ in 2021 prices | +7.0% |
| 1969 | 63.85 billion international-$ in 2021 prices | +7.0% |
| 1970 | 68.02 billion international-$ in 2021 prices | +6.5% |
| 1971 | 76.89 billion international-$ in 2021 prices | +13.0% |
| 1972 | 85.38 billion international-$ in 2021 prices | +11.0% |
| 1973 | 94.45 billion international-$ in 2021 prices | +10.6% |
| 1974 | 105.22 billion international-$ in 2021 prices | +11.4% |
| 1975 | 115.14 billion international-$ in 2021 prices | +9.4% |
| 1976 | 131.50 billion international-$ in 2021 prices | +14.2% |
| 1977 | 141.47 billion international-$ in 2021 prices | +7.6% |
| 1978 | 152.37 billion international-$ in 2021 prices | +7.7% |
| 1979 | 166.18 billion international-$ in 2021 prices | +9.1% |
| 1980 | 170.84 billion international-$ in 2021 prices | +2.8% |
| 1981 | 169.19 billion international-$ in 2021 prices | -1.0% |
| 1982 | 177.05 billion international-$ in 2021 prices | +4.6% |
| 1983 | 183.55 billion international-$ in 2021 prices | +3.7% |
| 1984 | 189.52 billion international-$ in 2021 prices | +3.3% |
| 1985 | 198.77 billion international-$ in 2021 prices | +4.9% |
| 1986 | 206.07 billion international-$ in 2021 prices | +3.7% |
| 1987 | 211.00 billion international-$ in 2021 prices | +2.4% |
| 1988 | 216.21 billion international-$ in 2021 prices | +2.5% |
| 1989 | 206.28 billion international-$ in 2021 prices | -4.6% |
| 1990 | 210.94 billion international-$ in 2021 prices | +2.3% |
| 1991 | 192.97 billion international-$ in 2021 prices | -8.5% |
| 1992 | 182.98 billion international-$ in 2021 prices | -5.2% |
| 1993 | 188.06 billion international-$ in 2021 prices | +2.8% |
| 1994 | 199.18 billion international-$ in 2021 prices | +5.9% |
| 1995 | 212.99 billion international-$ in 2021 prices | +6.9% |
| 1996 | 224.48 billion international-$ in 2021 prices | +5.4% |
| 1997 | 211.21 billion international-$ in 2021 prices | -5.9% |
| 1998 | 202.91 billion international-$ in 2021 prices | -3.9% |
| 1999 | 201.13 billion international-$ in 2021 prices | -0.9% |
| 2000 | 207.12 billion international-$ in 2021 prices | +3.0% |
| 2001 | 228.27 billion international-$ in 2021 prices | +10.2% |
| 2002 | 236.32 billion international-$ in 2021 prices | +3.5% |
| 2003 | 234.44 billion international-$ in 2021 prices | -0.8% |
| 2004 | 263.22 billion international-$ in 2021 prices | +12.3% |
| 2005 | 273.72 billion international-$ in 2021 prices | +4.0% |
| 2006 | 307.58 billion international-$ in 2021 prices | +12.4% |
| 2007 | 352.41 billion international-$ in 2021 prices | +14.6% |
| 2008 | 405.98 billion international-$ in 2021 prices | +15.2% |
| 2009 | 400.91 billion international-$ in 2021 prices | -1.2% |
| 2010 | 407.15 billion international-$ in 2021 prices | +1.6% |
| 2011 | 437.94 billion international-$ in 2021 prices | +7.6% |
| 2012 | 459.67 billion international-$ in 2021 prices | +5.0% |
| 2013 | 435.49 billion international-$ in 2021 prices | -5.3% |
| 2014 | 449.57 billion international-$ in 2021 prices | +3.2% |
| 2015 | 474.62 billion international-$ in 2021 prices | +5.6% |
| 2016 | 493.78 billion international-$ in 2021 prices | +4.0% |
| 2017 | 543.27 billion international-$ in 2021 prices | +10.0% |
| 2018 | 561.26 billion international-$ in 2021 prices | +3.3% |
| 2019 | 619.36 billion international-$ in 2021 prices | +10.4% |
| 2020 | 600.88 billion international-$ in 2021 prices | -3.0% |
| 2021 | 623.58 billion international-$ in 2021 prices | +3.8% |
| 2022 | 644.29 billion international-$ in 2021 prices | +3.3% |
| 2023 | 661.59 billion international-$ in 2021 prices | +2.7% |
Romania compared with similar countries
- Romania's 661.59 billion international-$ in 2021 prices is above the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 2.4× the median. (66 countries reporting)
- Romania's 661.59 billion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 2.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.46 billion international-$ in 2021 prices | 31.30 billion international-$ in 2021 prices | 63.85 billion international-$ in 2021 prices | 10 |
| 1970s | 113.66 billion international-$ in 2021 prices | 68.02 billion international-$ in 2021 prices | 166.18 billion international-$ in 2021 prices | 10 |
| 1980s | 192.85 billion international-$ in 2021 prices | 169.19 billion international-$ in 2021 prices | 216.21 billion international-$ in 2021 prices | 10 |
| 1990s | 202.68 billion international-$ in 2021 prices | 182.98 billion international-$ in 2021 prices | 224.48 billion international-$ in 2021 prices | 10 |
| 2000s | 291.00 billion international-$ in 2021 prices | 207.12 billion international-$ in 2021 prices | 405.98 billion international-$ in 2021 prices | 10 |
| 2010s | 488.21 billion international-$ in 2021 prices | 407.15 billion international-$ in 2021 prices | 619.36 billion international-$ in 2021 prices | 10 |
| 2020s | 632.58 billion international-$ in 2021 prices | 600.88 billion international-$ in 2021 prices | 661.59 billion international-$ in 2021 prices | 4 |
Countries ranked near Romania
- 37 Ireland 688.78 billion international-$ in 2021 prices compare
- 38 Belgium 680.78 billion international-$ in 2021 prices compare
- 39 Algeria 673.07 billion international-$ in 2021 prices compare
- 41 Sweden 628.73 billion international-$ in 2021 prices compare
- 42 Ukraine 620.01 billion international-$ in 2021 prices compare
- 43 Iraq 618.05 billion international-$ in 2021 prices 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$), annual growth rate 23.51 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Romania?
- Gross domestic product (gdp) in Romania was 661.59 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Romania?
- The highest recorded value was 661.59 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Romania?
- The lowest recorded value was 31.30 billion international-$ in 2021 prices in 1960.
- How does Romania rank for gross domestic product (gdp)?
- Romania ranks 40th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Romania?
- Over the last ten years it is up 51.9%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.