Gross domestic product (GDP), annual growth rate in Romania
Romania: Gross domestic product (GDP), annual growth rate was 2.68 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Romania, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Romania is 2.68 % change on previous year, measured in 2023.
The figure is down 19.2% on the previous year and up 151.0% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Romania peaked at 15.2 % change on previous year in 2008 and was at its lowest, -8.52 % change on previous year, in 1991.
That places Romania 86th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Romania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 9.88 % change on previous year | — |
| 1962 | 9.6 % change on previous year | -2.9% |
| 1963 | 8.18 % change on previous year | -14.8% |
| 1964 | 6.25 % change on previous year | -23.6% |
| 1965 | 9.85 % change on previous year | +57.6% |
| 1966 | 5.33 % change on previous year | -45.9% |
| 1967 | 11.18 % change on previous year | +109.6% |
| 1968 | 7.04 % change on previous year | -37.0% |
| 1969 | 7 % change on previous year | -0.7% |
| 1970 | 6.53 % change on previous year | -6.6% |
| 1971 | 13.04 % change on previous year | +99.5% |
| 1972 | 11.04 % change on previous year | -15.3% |
| 1973 | 10.63 % change on previous year | -3.7% |
| 1974 | 11.4 % change on previous year | +7.2% |
| 1975 | 9.43 % change on previous year | -17.2% |
| 1976 | 14.2 % change on previous year | +50.6% |
| 1977 | 7.58 % change on previous year | -46.6% |
| 1978 | 7.71 % change on previous year | +1.7% |
| 1979 | 9.06 % change on previous year | +17.6% |
| 1980 | 2.8 % change on previous year | -69.1% |
| 1981 | -0.9623 % change on previous year | -134.3% |
| 1982 | 4.64 % change on previous year | -582.4% |
| 1983 | 3.67 % change on previous year | -20.9% |
| 1984 | 3.25 % change on previous year | -11.5% |
| 1985 | 4.88 % change on previous year | +50.3% |
| 1986 | 3.67 % change on previous year | -24.8% |
| 1987 | 2.39 % change on previous year | -34.8% |
| 1988 | 2.47 % change on previous year | +3.1% |
| 1989 | -4.59 % change on previous year | -286.1% |
| 1990 | 2.26 % change on previous year | -149.2% |
| 1991 | -8.52 % change on previous year | -477.0% |
| 1992 | -5.18 % change on previous year | -39.2% |
| 1993 | 2.77 % change on previous year | -153.6% |
| 1994 | 5.92 % change on previous year | +113.2% |
| 1995 | 6.93 % change on previous year | +17.1% |
| 1996 | 5.4 % change on previous year | -22.1% |
| 1997 | -5.91 % change on previous year | -209.5% |
| 1998 | -3.93 % change on previous year | -33.6% |
| 1999 | -0.8812 % change on previous year | -77.6% |
| 2000 | 2.98 % change on previous year | -438.3% |
| 2001 | 10.21 % change on previous year | +242.6% |
| 2002 | 3.53 % change on previous year | -65.5% |
| 2003 | -0.7981 % change on previous year | -122.6% |
| 2004 | 12.28 % change on previous year | -1638.3% |
| 2005 | 3.99 % change on previous year | -67.5% |
| 2006 | 12.37 % change on previous year | +209.8% |
| 2007 | 14.58 % change on previous year | +17.9% |
| 2008 | 15.2 % change on previous year | +4.3% |
| 2009 | -1.25 % change on previous year | -108.2% |
| 2010 | 1.56 % change on previous year | -224.8% |
| 2011 | 7.56 % change on previous year | +386.0% |
| 2012 | 4.96 % change on previous year | -34.4% |
| 2013 | -5.26 % change on previous year | -206.0% |
| 2014 | 3.23 % change on previous year | -161.5% |
| 2015 | 5.57 % change on previous year | +72.3% |
| 2016 | 4.04 % change on previous year | -27.5% |
| 2017 | 10.02 % change on previous year | +148.2% |
| 2018 | 3.31 % change on previous year | -67.0% |
| 2019 | 10.35 % change on previous year | +212.6% |
| 2020 | -2.98 % change on previous year | -128.8% |
| 2021 | 3.78 % change on previous year | -226.6% |
| 2022 | 3.32 % change on previous year | -12.1% |
| 2023 | 2.68 % change on previous year | -19.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in Romania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +1638.3% | -0.7981 % change on previous year | 12.28 % change on previous year |
| 1982 | +582.4% | -0.9623 % change on previous year | 4.64 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.26 % change on previous year | 5.33 % change on previous year | 11.18 % change on previous year | 9 |
| 1970s | 10.06 % change on previous year | 6.53 % change on previous year | 14.2 % change on previous year | 10 |
| 1980s | 2.22 % change on previous year | -4.59 % change on previous year | 4.88 % change on previous year | 10 |
| 1990s | -0.1141 % change on previous year | -8.52 % change on previous year | 6.93 % change on previous year | 10 |
| 2000s | 7.31 % change on previous year | -1.25 % change on previous year | 15.2 % change on previous year | 10 |
| 2010s | 4.53 % change on previous year | -5.26 % change on previous year | 10.35 % change on previous year | 10 |
| 2020s | 1.7 % change on previous year | -2.98 % change on previous year | 3.78 % change on previous year | 4 |
Countries ranked near Romania
- 83 British Virgin Islands 2.76 % change on previous year compare
- 84 Brunei 2.74 % change on previous year compare
- 85 Sao Tome and Principe 2.73 % change on previous year compare
- 87 Spain 2.58 % change on previous year compare
- 88 El Salvador 2.55 % change on previous year compare
- 89 Dominican Republic 2.52 % change on previous year 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), annual growth rate in Romania?
- Gross domestic product (gdp), annual growth rate in Romania was 2.68 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Romania?
- The highest recorded value was 15.2 % change on previous year in 2008.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Romania?
- The lowest recorded value was -8.52 % change on previous year in 1991.
- How does Romania rank for gross domestic product (gdp), annual growth rate?
- Romania ranks 86th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Romania?
- Over the last ten years it is up 151.0%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.