Romania

Nominal GDP for Romania was US$284.1bn in 2021, down from US$249.7bn in 2020. The Romanian population was estimated at 19.3m in 2021 according to the IMF, while Germany is Romania’s biggest trading partner.

Variables Surveyed for Romania

Variables covered in our monthly analysis of Romania include:

  • Gross Domestic Product (GDP)
  • Household Consumption
  • Gross Fixed Investment
  • Industrial Production
  • Consumer Price Inflation
  • Budget Balance
  • Merchandise Exports
  • Merchandise Imports
  • Trade Balance
  • Current Account Balance
  • Foreign Exchange Reserves
  • Leu Currency Forecasts
  • Monthly Inflation Forecasts

Consensus Forecasts for Romania

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters”  including the IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP Growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Eastern Europe Conensus Forecasts, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Romania on topics such as:

Main Data Sources for Romania

  • National Institute of Statistics: National Institute of Statistics has the mission to meet the information needs of all categories of users of statistical data and information by collecting, producing and disseminating data in accordance with the Law on the Organization and Functioning of Official Statistics in Romania.
  • National Bank of Romania: The National Bank of Romania is the central bank of Romania and was established in April 1880.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.
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