Editing Bucharest (section)

== Economy ==
{{Main|Economy of Bucharest}}

Bucharest is the centre of the Romanian economy and industry, accounting for around 24% (2017) of the country's GDP and about one-quarter of its industrial production, while being inhabited by 9% of the country's population.<ref>{{Cite web|url=http://www.erionet.org/JIM+Romania.htm |archive-url=https://web.archive.org/web/20131101013924/http://www.erionet.org/JIM%2BRomania.htm |archive-date=1 November 2013 |title=Joint Inclusion Memorandum of Romania |access-date=14 April 2011 |url-status=dead }}</ref> Almost one-third of national taxes is paid by Bucharest's citizens and companies.{{Citation needed|date=March 2013}} The living standard in the Bucharest&ndash;Ilfov region was 145% of the EU average in 2017, according to GDP per capita at the [[purchasing power parity]] standard (adjusted to the national price level).

The Bucharest area surpassed, on comparable terms, European metropolitan areas such as [[Budapest]] (139%), [[Madrid]] (125%), [[Berlin]] (118%), [[Rome]] (110%), [[Lisbon]] (102%), and [[Sofia]] (79%), and more than twice the Romanian average.<ref name="ec.europa.eu">{{Cite web |url=http://ec.europa.eu/eurostat/documents/2995521/8700651/1-28022018-BP-EN/15f5fd90-ce8b-4927-9a3b-07dc255dc42a |title=Regional GDP per capita ranged from 29% to 611% of the EU average in 2016 |access-date=6 March 2018 |archive-url=https://web.archive.org/web/20180303105942/http://ec.europa.eu/eurostat/documents/2995521/8700651/1-28022018-BP-EN/15f5fd90-ce8b-4927-9a3b-07dc255dc42a |archive-date=3 March 2018 |url-status=live }}</ref>{{clarify|date=February 2024}} After relative stagnation in the 1990s, the city's strong economic growth has revitalised infrastructure and led to the development of shopping malls, residential estates, and high-rise office buildings. In January 2013, Bucharest had an unemployment rate of 2.1%, significantly lower than the national unemployment rate of 5.8%.<ref>{{in lang|ro}} [https://archive.today/20130705203358/http://www.capital.ro/detalii-articole/stiri/amofm-rata-somajului-in-bucuresti-a-fost-de-205-la-sfarsitul-lunii-ianuarie-177923.html "AMOFM: Rata șomajului în București a fost de 2,05%, la sfârșitul lunii ianuarie"], capital.ro, 8 February 2013; accessed 22 April 2013</ref><ref>{{in lang|ro}} [http://www.anofm.ro/node/3777 Situația statistică a șomajului înregistrat la 31 ianuarie 2013] {{Webarchive|url=https://web.archive.org/web/20180708133731/http://www.anofm.ro/node/3777 |date=8 July 2018 }}, Agenția Națională Pentru Ocuparea Forței de Muncă; accessed 22 April 2013</ref>

[[File:Bucharest Business District.jpg|thumb|[[Floreasca City Center]] business district, as seen from [[Lake Herăstrău]].]]

Bucharest's economy is centred on industry and [[Service Sector|services]], with services particularly growing in importance in the past 10 years. The headquarters of 186,000 firms, including nearly all large Romanian companies, are located in Bucharest.<ref>{{Cite web |url=http://www.averea.ro/display.php?data=2005-12-16&id=13365 |title=Toți bucureștenii vor avea dosar fiscal din 2006 |access-date=1 June 2016}}{{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}, ''[[Averea]]'', 15 December 2005</ref> An important source of growth since 2000 has been the city's rapidly expanding property and construction sector. Bucharest is also Romania's largest centre for information technology and communications and is home to several software companies operating offshore delivery centres. Romania's largest stock exchange, the [[Bucharest Stock Exchange]], which was merged in December 2005 with the Bucharest-based electronic stock exchange [[Rasdaq]], plays a major role in the city's economy.

Malls and large shopping centres have been built since the late 1990s, such as [[Băneasa Shopping City]], [[AFI Palace Cotroceni]], Mega Mall, [[București Mall]], ParkLake Shopping Centre, [[Sun Plaza (Bucharest)|Sun Plaza]], Promenada Mall and longest [[Unirea Shopping Center|Unirea Shopping Centre]]. Bucharest has [[List of shopping malls in Romania|over 20 malls]] as of 2019.<ref>{{Cite web|url=https://www.profit.ro/povesti-cu-profit/real-estate-constructii/analiza-infografic-topul-mallurilor-cu-cele-mai-mari-afaceri-din-romania-19036866|title=Analiză Infografic – Topul mallurilor cu cele mai mari afaceri din România|publisher=Profit TV|date=24 June 2019|language=ro|access-date=25 August 2019|archive-url=https://web.archive.org/web/20190825064929/https://www.profit.ro/povesti-cu-profit/real-estate-constructii/analiza-infografic-topul-mallurilor-cu-cele-mai-mari-afaceri-din-romania-19036866|archive-date=25 August 2019|url-status=live}}</ref><ref>{{Cite web|url=https://thebite.aisb.ro/index.php/top-5-malls-to-visit-in-bucharest|title=Top 5 Malls to Visit in Bucharest|publisher=Profit TV|date=23 October 2017|access-date=25 August 2019|archive-url=https://web.archive.org/web/20190825064933/https://thebite.aisb.ro/index.php/top-5-malls-to-visit-in-bucharest|archive-date=25 August 2019|url-status=live}}</ref>

The corporations [[Amazon (company)|Amazon]], [[Microsoft]], [[Ubisoft Bucharest|Ubisoft]], [[Oracle Corporation]], or [[IBM]] are all present in the Romanian capital. The top ten is also dominated by companies operating in automotive, oil & gas (such as [[Petrom]]), as well as companies in telecommunication and [[Fast-moving consumer goods|FMCG]].<ref>{{Cite web|url=https://www.romania-insider.com/most-wanted-employers-romania|title=Oracle, Microsoft, IBM, among most wanted employers in Romania|website=www.romania-insider.com|date=18 July 2017|access-date=25 August 2019|archive-url=https://web.archive.org/web/20190825064932/https://www.romania-insider.com/most-wanted-employers-romania|archive-date=25 August 2019|url-status=live}}</ref><ref>{{Cite web|url=https://www.profit.ro/stiri/amazon-a-deschis-centrul-din-bucuresti-si-pregateste-angajari-18103162|title=Amazon a deschis centrul din București și pregătește angajări|publisher=Profit TV|date=9 May 2019|language=ro|access-date=25 August 2019|archive-url=https://web.archive.org/web/20190825064930/https://www.profit.ro/stiri/amazon-a-deschis-centrul-din-bucuresti-si-pregateste-angajari-18103162|archive-date=25 August 2019|url-status=live}}</ref> The [[Speedtest.net|Speedtest]] Global Index ranks Bucharest the 6th city in the world (after [[Beijing]], [[Shanghai]], [[Abu Dhabi]], [[Valparaíso]], and [[Lyon]]) in terms of fixed [[broadband]] speed, at 250[[Data-rate units|Mbps]] as of 2023.<ref>{{cite web|url=https://www.speedtest.net/global-index|title=Median City Speeds December 2023|publisher=[[Speedtest.net]]|access-date=February 12, 2024}}</ref>

<gallery class="center">
File:2017 sediul IBM.jpg|[[IBM]] Bucharest
File:Skyscrapers in Bucharest.jpg|[[Floreasca City Center]] (including SkyTower and [[Oracle Corporation|Oracle]] headquarters)
File:Globalworth Tower Bucharest.jpg|[[Amazon (company)|Amazon]] operates office space in the [[Globalworth Tower]]. 
File:Petrom City.jpg|[[Petrom]] City
File:IMG-20171002-15321-romania-unirea-bucharest.jpg|[[Unirea Shopping Center]]
File:Bucharest Day 4 - AFI Cotroceni (9434236245).jpg|[[AFI Cotroceni]]
</gallery>