Gross Domestic Product — Value Standard Local Currency in Romania
Romania: Gross Domestic Product — Value Standard Local Currency was 1.76 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Romania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Romania is 1.76 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 163.1% over ten years.
Over the whole period, gross domestic product — value standard local currency in Romania peaked at 1.76 million million SLC in 2024 and was at its lowest, 27.68 million SLC, in 1970.
That places Romania 93rd 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 in Romania, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 27.68 million SLC | — |
| 1971 | 31.75 million SLC | +14.7% |
| 1972 | 34.3 million SLC | +8.0% |
| 1973 | 37.91 million SLC | +10.5% |
| 1974 | 42.25 million SLC | +11.5% |
| 1975 | 45.52 million SLC | +7.7% |
| 1976 | 51.16 million SLC | +12.4% |
| 1977 | 55.3 million SLC | +8.1% |
| 1978 | 59.85 million SLC | +8.2% |
| 1979 | 63.32 million SLC | +5.8% |
| 1980 | 65.25 million SLC | +3.0% |
| 1981 | 65.97 million SLC | +1.1% |
| 1982 | 76.94 million SLC | +16.6% |
| 1983 | 81.3 million SLC | +5.7% |
| 1984 | 86.32 million SLC | +6.2% |
| 1985 | 86.46 million SLC | +0.2% |
| 1986 | 88.7 million SLC | +2.6% |
| 1987 | 89.39 million SLC | +0.8% |
| 1988 | 90.64 million SLC | +1.4% |
| 1989 | 84.4 million SLC | -6.9% |
| 1990 | 90.51 million SLC | +7.2% |
| 1991 | 232.52 million SLC | +156.9% |
| 1992 | 636.1 million SLC | +173.6% |
| 1993 | 2,114 million SLC | +232.3% |
| 1994 | 5,251 million SLC | +148.4% |
| 1995 | 7,611 million SLC | +44.9% |
| 1996 | 11,388 million SLC | +49.6% |
| 1997 | 25,500 million SLC | +123.9% |
| 1998 | 37,008 million SLC | +45.1% |
| 1999 | 55,126 million SLC | +49.0% |
| 2000 | 80,873 million SLC | +46.7% |
| 2001 | 117,391 million SLC | +45.2% |
| 2002 | 152,272 million SLC | +29.7% |
| 2003 | 191,918 million SLC | +26.0% |
| 2004 | 244,688 million SLC | +27.5% |
| 2005 | 286,862 million SLC | +17.2% |
| 2006 | 342,763 million SLC | +19.5% |
| 2007 | 425,691 million SLC | +24.2% |
| 2008 | 539,831 million SLC | +26.8% |
| 2009 | 530,920 million SLC | -1.7% |
| 2010 | 540,448 million SLC | +1.8% |
| 2011 | 587,235 million SLC | +8.7% |
| 2012 | 621,215 million SLC | +5.8% |
| 2013 | 631,634 million SLC | +1.7% |
| 2014 | 668,905 million SLC | +5.9% |
| 2015 | 712,549 million SLC | +6.5% |
| 2016 | 752,129 million SLC | +5.6% |
| 2017 | 851,621 million SLC | +13.2% |
| 2018 | 959,660 million SLC | +12.7% |
| 2019 | 1.07 million million SLC | +11.1% |
| 2020 | 1.07 million million SLC | +0.3% |
| 2021 | 1.19 million million SLC | +11.5% |
| 2022 | 1.39 million million SLC | +16.5% |
| 2023 | 1.60 million million SLC | +15.5% |
| 2024 | 1.76 million million SLC | +9.7% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 1993 | +232.3% | 636.1 million SLC | 2,114 million SLC |
| 1992 | +173.6% | 232.52 million SLC | 636.1 million SLC |
| 1991 | +156.9% | 90.51 million SLC | 232.52 million SLC |
| 1994 | +148.4% | 2,114 million SLC | 5,251 million SLC |
| 1997 | +123.9% | 11,388 million SLC | 25,500 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.9 million SLC | 27.68 million SLC | 63.32 million SLC | 10 |
| 1980s | 81.54 million SLC | 65.25 million SLC | 90.64 million SLC | 10 |
| 1990s | 14,496 million SLC | 90.51 million SLC | 55,126 million SLC | 10 |
| 2000s | 291,321 million SLC | 80,873 million SLC | 539,831 million SLC | 10 |
| 2010s | 739,199 million SLC | 540,448 million SLC | 1.07 million million SLC | 10 |
| 2020s | 1.40 million million SLC | 1.07 million million SLC | 1.76 million million SLC | 5 |
Countries ranked near Romania
- 90 Venezuela (Bolivarian Republic of) 1.97 million million SLC compare
- 91 Malaysia 1.93 million million SLC compare
- 92 Democratic People's Republic of Korea 1.85 million million SLC compare
- 94 Central African Republic 1.67 million million SLC compare
- 95 Spain 1.59 million million SLC compare
- 96 Morocco 1.54 million million SLC 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 in Romania?
- Gross domestic product — value standard local currency in Romania was 1.76 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Romania?
- The highest recorded value was 1.76 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Romania?
- The lowest recorded value was 27.68 million SLC in 1970.
- How does Romania rank for gross domestic product — value standard local currency?
- Romania ranks 93rd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Romania?
- Over the last ten years it is up 163.1%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).