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Macroeconomic Data

 

Reforms and economic development [download]
by Ernst & Young Romania

 

Contents

  • Type of economy
  • General economic trends
  • Leading industries
  • Government-owned industries and privatization

 

The table below shows the major macroeconomic development during 2005-2008.

 

 

UM 

 2005

 2006

2007 

 2008

2009 

GROWTH AND ASSOCIATED FACTORS
 GDP growth

 %

 4.2

 7.9

 6.3

 7.3

-7.1 

 Final consumption

 %

 8.9

 9.4

 9.6

 9.1

-8.2 

 Gross Fixed Capital Formation

 %

 15.3

 19.9

 29.0

 16.2

-25.2 

TRADE AND INVESTMENT
 Exports FOB

 Mil. Euro

22255

 25850

 29549

 33725

29116 

 Imports FOB

 Mil. Euro

 30061

 37609

 47371

 52834

35903 

 Trade balance

 Mil. Euro

 -7806

 -11759

 -17822

 -19109

-6787 

 Current account deficit

 Mil. Euro

 -6888

 -10156

 -16714

 -16157

-5168 

 Direct Investments

 Mil. Euro

 5237

 8723

 7047

 9308

4400 

INFLATION
 CPI (average)

 %

 9.0

 6.56

 4.84

 7.85

5.59 

EMPLOYMENT
 No. of employees in economy 

 Thou. pers

 4559

 4667

 4885

4806 

4594 

 Unemployment

 Thou. pers

 523

 460

 367

 403

709 

 Unemployment rate

 %

 5.9

 5.2

 4.0

 4.4

7.8 

EXCHANGE RATE
 RON/USD (average)

 -

 2.9137

 2.8090

 2.4383

 2.5189

3.0493 

 RON/EURO (average)

 -

 3.6234

 3.5245

 3.3373

 3.6827

4.2373 

 

Source: INS, BNR