Gross Domestic Product — Value Standard Local Currency, annual growth in Romania
Romania: Gross Domestic Product — Value Standard Local Currency, annual growth was 9.7 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Romania, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Romania recorded 9.7 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.
Compared with earlier readings it is down 37.4% on the previous year and up 64.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Romania peaked at 232.31 % change on previous year in 1993 and was at its lowest, -6.88 % change on previous year, in 1989.
That places Romania 62nd out of 218 countries with data for 2024, 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 — Value Standard Local Currency, annual growth in Romania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.69 % change on previous year | — |
| 1972 | 8.04 % change on previous year | -45.2% |
| 1973 | 10.52 % change on previous year | +30.8% |
| 1974 | 11.46 % change on previous year | +9.0% |
| 1975 | 7.73 % change on previous year | -32.6% |
| 1976 | 12.39 % change on previous year | +60.4% |
| 1977 | 8.1 % change on previous year | -34.7% |
| 1978 | 8.22 % change on previous year | +1.6% |
| 1979 | 5.79 % change on previous year | -29.5% |
| 1980 | 3.05 % change on previous year | -47.4% |
| 1981 | 1.1 % change on previous year | -63.9% |
| 1982 | 16.63 % change on previous year | +1408.2% |
| 1983 | 5.68 % change on previous year | -65.9% |
| 1984 | 6.17 % change on previous year | +8.6% |
| 1985 | 0.1593 % change on previous year | -97.4% |
| 1986 | 2.59 % change on previous year | +1528.2% |
| 1987 | 0.7751 % change on previous year | -70.1% |
| 1988 | 1.41 % change on previous year | +81.7% |
| 1989 | -6.88 % change on previous year | -588.9% |
| 1990 | 7.23 % change on previous year | -205.0% |
| 1991 | 156.91 % change on previous year | +2069.9% |
| 1992 | 173.57 % change on previous year | +10.6% |
| 1993 | 232.31 % change on previous year | +33.8% |
| 1994 | 148.42 % change on previous year | -36.1% |
| 1995 | 44.93 % change on previous year | -69.7% |
| 1996 | 49.63 % change on previous year | +10.5% |
| 1997 | 123.93 % change on previous year | +149.7% |
| 1998 | 45.13 % change on previous year | -63.6% |
| 1999 | 48.96 % change on previous year | +8.5% |
| 2000 | 46.7 % change on previous year | -4.6% |
| 2001 | 45.15 % change on previous year | -3.3% |
| 2002 | 29.71 % change on previous year | -34.2% |
| 2003 | 26.04 % change on previous year | -12.4% |
| 2004 | 27.5 % change on previous year | +5.6% |
| 2005 | 17.24 % change on previous year | -37.3% |
| 2006 | 19.49 % change on previous year | +13.1% |
| 2007 | 24.19 % change on previous year | +24.2% |
| 2008 | 26.81 % change on previous year | +10.8% |
| 2009 | -1.65 % change on previous year | -106.2% |
| 2010 | 1.79 % change on previous year | -208.7% |
| 2011 | 8.66 % change on previous year | +382.4% |
| 2012 | 5.79 % change on previous year | -33.2% |
| 2013 | 1.68 % change on previous year | -71.0% |
| 2014 | 5.9 % change on previous year | +251.8% |
| 2015 | 6.52 % change on previous year | +10.6% |
| 2016 | 5.55 % change on previous year | -14.9% |
| 2017 | 13.23 % change on previous year | +138.1% |
| 2018 | 12.69 % change on previous year | -4.1% |
| 2019 | 11.14 % change on previous year | -12.2% |
| 2020 | 0.285 % change on previous year | -97.4% |
| 2021 | 11.47 % change on previous year | +3923.1% |
| 2022 | 16.54 % change on previous year | +44.2% |
| 2023 | 15.48 % change on previous year | -6.4% |
| 2024 | 9.7 % change on previous year | -37.4% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2021 | +3923.1% | 0.285 % change on previous year | 11.47 % change on previous year |
| 1991 | +2069.9% | 7.23 % change on previous year | 156.91 % change on previous year |
| 1986 | +1528.2% | 0.1593 % change on previous year | 2.59 % change on previous year |
| 1982 | +1408.2% | 1.1 % change on previous year | 16.63 % change on previous year |
| 1989 | -588.9% | 1.41 % change on previous year | -6.88 % change on previous year |
| 2011 | +382.4% | 1.79 % change on previous year | 8.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.66 % change on previous year | 5.79 % change on previous year | 14.69 % change on previous year | 9 |
| 1980s | 3.07 % change on previous year | -6.88 % change on previous year | 16.63 % change on previous year | 10 |
| 1990s | 103.1 % change on previous year | 7.23 % change on previous year | 232.31 % change on previous year | 10 |
| 2000s | 26.12 % change on previous year | -1.65 % change on previous year | 46.7 % change on previous year | 10 |
| 2010s | 7.3 % change on previous year | 1.68 % change on previous year | 13.23 % change on previous year | 10 |
| 2020s | 10.69 % change on previous year | 0.285 % change on previous year | 16.54 % change on previous year | 5 |
Countries ranked near Romania
- 59 Bolivia (Plurinational State of) 10.04 % change on previous year compare
- 60 India 9.89 % change on previous year compare
- 61 Mauritania 9.75 % change on previous year compare
- 63 Croatia 9.52 % change on previous year compare
- 64 Bulgaria 9.52 % change on previous year compare
- 65 Dominican Republic 9.44 % 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 — value standard local currency, annual growth in Romania?
- Gross domestic product — value standard local currency, annual growth in Romania was 9.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Romania?
- The highest recorded value was 232.31 % change on previous year in 1993.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Romania?
- The lowest recorded value was -6.88 % change on previous year in 1989.
- How does Romania rank for gross domestic product — value standard local currency, annual growth?
- Romania ranks 62nd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Romania?
- Over the last ten years it is up 64.3%. 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, 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. 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 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.