Gross Domestic Product … Standard Local Currency annual growth rate in Romania
Romania: Gross Domestic Product … Standard Local Currency annual growth rate was 0.8137 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Romania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Romania is 0.8137 % change on previous year, measured in 2024.
That represents a change of down 66.2% on the previous year and down 80.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Romania peaked at 13 % change on previous year in 1971 and was at its lowest, -12.92 % change on previous year, in 1991.
Romania ranks 187th of 223 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product … Standard Local Currency annual growth rate in Romania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13 % change on previous year | — |
| 1972 | 10.62 % change on previous year | -18.3% |
| 1973 | 10.4 % change on previous year | -2.1% |
| 1974 | 12.32 % change on previous year | +18.5% |
| 1975 | 10.32 % change on previous year | -16.2% |
| 1976 | 11.11 % change on previous year | +7.6% |
| 1977 | 8.42 % change on previous year | -24.2% |
| 1978 | 7.28 % change on previous year | -13.5% |
| 1979 | 6.33 % change on previous year | -13.0% |
| 1980 | 4.26 % change on previous year | -32.8% |
| 1981 | 0.1125 % change on previous year | -97.4% |
| 1982 | 3.94 % change on previous year | +3404.9% |
| 1983 | 6.05 % change on previous year | +53.3% |
| 1984 | 5.97 % change on previous year | -1.3% |
| 1985 | -0.098 % change on previous year | -101.6% |
| 1986 | 2.34 % change on previous year | -2484.2% |
| 1987 | 0.8348 % change on previous year | -64.3% |
| 1988 | -0.497 % change on previous year | -159.5% |
| 1989 | -5.79 % change on previous year | +1064.6% |
| 1990 | -5.62 % change on previous year | -3.0% |
| 1991 | -12.92 % change on previous year | +130.0% |
| 1992 | -8.77 % change on previous year | -32.1% |
| 1993 | 1.53 % change on previous year | -117.4% |
| 1994 | 3.93 % change on previous year | +157.2% |
| 1995 | 7.14 % change on previous year | +81.5% |
| 1996 | 3.91 % change on previous year | -45.3% |
| 1997 | -4.85 % change on previous year | -224.1% |
| 1998 | -2.03 % change on previous year | -58.1% |
| 1999 | -0.3767 % change on previous year | -81.4% |
| 2000 | 2.46 % change on previous year | -753.4% |
| 2001 | 5.22 % change on previous year | +112.0% |
| 2002 | 5.7 % change on previous year | +9.3% |
| 2003 | 2.34 % change on previous year | -58.9% |
| 2004 | 10.43 % change on previous year | +345.4% |
| 2005 | 4.67 % change on previous year | -55.2% |
| 2006 | 8.03 % change on previous year | +72.0% |
| 2007 | 7.23 % change on previous year | -9.9% |
| 2008 | 9.31 % change on previous year | +28.7% |
| 2009 | -5.52 % change on previous year | -159.3% |
| 2010 | -3.91 % change on previous year | -29.2% |
| 2011 | 4.5 % change on previous year | -215.1% |
| 2012 | 1.9 % change on previous year | -57.7% |
| 2013 | 0.2789 % change on previous year | -85.3% |
| 2014 | 4.12 % change on previous year | +1375.9% |
| 2015 | 3.16 % change on previous year | -23.3% |
| 2016 | 2.86 % change on previous year | -9.4% |
| 2017 | 8.2 % change on previous year | +186.6% |
| 2018 | 6.12 % change on previous year | -25.3% |
| 2019 | 3.92 % change on previous year | -35.9% |
| 2020 | -3.67 % change on previous year | -193.7% |
| 2021 | 5.55 % change on previous year | -250.9% |
| 2022 | 3.97 % change on previous year | -28.5% |
| 2023 | 2.4 % change on previous year | -39.4% |
| 2024 | 0.8137 % change on previous year | -66.2% |
Romania compared with similar countries
- Romania's 0.8137 % change on previous year is below the median for high income countries, which is 2.64 % change on previous year, 31% of the median. (73 countries reporting)
- Romania's 0.8137 % change on previous year is below the median for Europe & Central Asia, which is 2.57 % change on previous year, 32% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product … Standard Local Currency 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 |
|---|---|---|---|
| 1982 | +3404.9% | 0.1125 % change on previous year | 3.94 % change on previous year |
| 1986 | +2484.2% | -0.098 % change on previous year | 2.34 % change on previous year |
| 2014 | +1375.9% | 0.2789 % change on previous year | 4.12 % change on previous year |
| 1989 | -1064.6% | -0.497 % change on previous year | -5.79 % change on previous year |
| 2000 | +753.4% | -0.3767 % change on previous year | 2.46 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.98 % change on previous year | 6.33 % change on previous year | 13 % change on previous year | 9 |
| 1980s | 1.71 % change on previous year | -5.79 % change on previous year | 6.05 % change on previous year | 10 |
| 1990s | -1.81 % change on previous year | -12.92 % change on previous year | 7.14 % change on previous year | 10 |
| 2000s | 4.99 % change on previous year | -5.52 % change on previous year | 10.43 % change on previous year | 10 |
| 2010s | 3.11 % change on previous year | -3.91 % change on previous year | 8.2 % change on previous year | 10 |
| 2020s | 1.81 % change on previous year | -3.67 % change on previous year | 5.55 % change on previous year | 5 |
Countries ranked near Romania
- 184 Sao Tome and Principe 0.9 % change on previous year compare
- 185 Israel 0.872 % change on previous year compare
- 186 Democratic People's Republic of Korea 0.8709 % change on previous year compare
- 188 Italy 0.7261 % change on previous year compare
- 189 Micronesia (Federated States of) 0.7192 % change on previous year compare
- 190 San Marino 0.706 % change on previous year compare
More economy & growth data for Romania
- Real gdp growth, annual growth rate -27.4 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 197.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0197 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0064 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 144.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Romania?
- Gross domestic product — value standard local currency, 2015 prices in Romania was 0.8137 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Romania?
- The highest recorded value was 13 % change on previous year in 1971.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Romania?
- The lowest recorded value was -12.92 % change on previous year in 1991.
- How does Romania rank for gross domestic product — value standard local currency, 2015 prices?
- Romania ranks 187th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Romania?
- Over the last ten years it is down 80.2%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.