Editing Economy of Romania (section)

== Economy ==
===GDP===
IMF for 2022 (October) published the following data:<ref>{{Cite web |date=April 2022 |title=Report for Selected Countries and Subjects |url=https://www.imf.org/en/Publications/WEO/weo-database/2022/October/weo-report?c=968,&s=NGDPD,PPPGDP,NGDPDPC,PPPPC,&sy=2020&ey=2027&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1|access-date=2022-07-25 |website=IMF |language=en}}</ref>

{| class="wikitable"
|-
! Year !! 2022 !! 2023 !! 2024 !! 2025 !! 2026 !! 2027
|-
| $/per capita (PPP) || 38  || 40,673 || 43,100 || 45,445 || 47,940 || 50,573 
|-
| $/per capita (Nominal)  || 15 || 16,228 || 17,566 || 18,935 || 20,263 || 21,665
|}

In the Romanian press the economy has been referred to as the "Tiger of the East" during the 2000s.<ref name="tiger">{{cite web |last=Străuţ |first=Dan |title=România, "tigrul" Estului |url=http://www.adevarul.ro/articole/romania-tigrul-estului/354061 |website=[[Adevărul]] |date=3 June 2008 |language=ro |trans-title=Romania, the "Tiger" of the East |archive-url=https://web.archive.org/web/20080920030429/http://www.adevarul.ro/articole/romania-tigrul-estului/354061 |archive-date=20 September 2008}}</ref> Romania is a country of considerable economic potential:  over 10 million hectares of agricultural land, diverse energy sources (coal, oil, natural gas, [[hydroelectricity|hydro]], [[nuclear power|nuclear]], and [[wind power|wind]]), a substantial, if aging, manufacturing base and opportunities for expanded development in tourism on the Black Sea and in the mountains.

===Investments===
Net investments in Romania's economy totaled RON 33.6 billion (EUR 7.2 billion) in the first half of 2018, up by 5.8% compared to the same period of 2017, according to the National Statistics Institute (INS).<ref>{{Cite web | url=https://www.romania-insider.com/investments-romanian-economy-first-half-2018/ |title = Investments in Romanian economy, up 5.8% in the first half of this year|date = 10 September 2018}}</ref>

In the same year (2018) foreign direct investment (FDI) was 81 billion, 63% (51 billion) being "green field"

=== Data ===
The following table shows the main economic indicators in 1980–2022 (with IMF staff estimates in 2023–2028). Inflation under 5% is in green.<ref>{{Cite web|url=https://www.imf.org/en/Publications/WEO/weo-database/2023/April/weo-report?c=968,&s=NGDP_RPCH,NGDPD,PPPGDP,NGDPDPC,PPPPC,PCPIPCH,LUR,GGXWDG_NGDP,&sy=1980&ey=2028&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1|title=Report for Selected Countries and Subjects|website=www.imf.org|language=en-US|access-date=2023-05-28}}</ref>
{| class="wikitable" style="text-align:center;"
!Year
!GDP<br /><small>(in Bil. US$ PPP)</small>
!GDP per capita<br /><small >(in US$ PPP)</small>
!GDP<br /><small>(in Bil. Bil. US$nominal)</small>
!GDP per capita<br /><small >(in US$ nominal)</small>
!GDP growth<br /><small>(real)</small>
!Inflation rate<br /><small>(in Percent)</small>
!Unemployment <br /><small>(in Percent)</small>
!Government debt<br /><small>(in % of GDP)</small>
|-
|1980
|114.1
|5,087
|46.1
|2,052
|{{Increase}}3.3%
|{{Increase}}1.5%
|{{n/a}}
|{{n/a}}
|-
|1981
|{{Increase}}125.1
|{{Increase}}5,541
|{{Increase}}55.3
|{{Increase}}2,450
|{{Increase}}0.1%
|{{Increase}}2.2%
|{{n/a}}
|{{n/a}}
|-
|1982
|{{Increase}}138.0
|{{Increase}}6,084
|{{Increase}}55.4
|{{Decrease}}2,441
|{{Increase}}3.9%
|{{IncreaseNegative}}16.9%
|{{n/a}}
|{{n/a}}
|-
|1983
|{{Increase}}152.0
|{{Increase}}6,674
|{{Decrease}}48.4
|{{Decrease}}2,125
|{{Increase}}6.0%
|{{Increase}}4.7%
|{{n/a}}
|{{n/a}}
|-
|1984
|{{Increase}}167.0
|{{Increase}}7,300
|{{Decrease}}39.1
|{{Decrease}}1,710
|{{Increase}}6.0%
|{{decreasePositive}}−0.3%
|{{n/a}}
|{{n/a}}
|-
|1985
|{{Increase}}172.0
|{{Increase}}7,490
|{{Increase}}48.3
|{{Increase}}2,101
|{{Decrease}}−0.1%
|{{decreasePositive}}−0.2%
|4.0%
|{{n/a}}
|-
|1986
|{{Increase}}179.7
|{{Increase}}7,783
|{{Increase}}52.3
|{{Increase}}2,264
|{{Increase}}2.4%
|{{Increase}}0.7%
|{{decreasePositive}}3.9%
|{{n/a}}
|-
|1987
|{{Increase}}185.7
|{{Increase}}7,994
|{{Increase}}58.5
|{{Increase}}2,517
|{{Increase}}0.8%
|{{Increase}}1.1%
|{{decreasePositive}}3.7%
|{{n/a}}
|-
|1988
|{{Increase}}191.2
|{{Increase}}8,191
|{{Increase}}60.5
|{{Increase}}2,593
|{{Decrease}}−0.5%
|{{Increase}}2.6%
|{{Steady}}3.7%
|{{n/a}}
|-
|1989
|{{Decrease}}187.2
|{{Decrease}}7,990
|{{Decrease}}54.2
|{{Decrease}}2,314
|{{Decrease}}−5.8%
|{{Increase}}0.9%
|{{decreasePositive}}3.4%
|{{n/a}}
|-
|1990
|{{Decrease}}183.3
|{{Decrease}}7,814
|{{Decrease}}38.5
|{{Decrease}}1,641
|{{Decrease}}−5.6%
|{{IncreaseNegative}}127.9%
|{{Steady}}3.4%
|{{n/a}}
|-
|1991
|{{Decrease}}165.0
|{{Decrease}}7,045
|{{Decrease}}29.1
|{{Decrease}}1,241
|{{Decrease}}−12.9%
|{{IncreaseNegative}}161.1%
|{{IncreaseNegative}}3.5%
|{{n/a}}
|-
|1992
|{{Decrease}}154.0
|{{Decrease}}6,599
|{{Decrease}}19.8
|{{Decrease}}847
|{{Decrease}}−8.8%
|{{IncreaseNegative}}210.4%
|{{IncreaseNegative}}5.4%
|{{n/a}}
|-
|1993
|{{Increase}}160.0
|{{Increase}}6,896
|{{Increase}}26.6
|{{Increase}}1,147
|{{Increase}}1.5%
|{{IncreaseNegative}}256.1%
|{{IncreaseNegative}}9.2%
|{{n/a}}
|-
|1994
|{{Increase}}169.9
|{{Increase}}7,365
|{{Increase}}30.4
|{{Increase}}1,317
|{{Increase}}3.9%
|{{IncreaseNegative}}136.7%
|{{IncreaseNegative}}11.0%
|{{n/a}}
|-
|1995
|{{Increase}}185.8
|{{Increase}}8,105
|{{Increase}}35.8
|{{Increase}}1,563
|{{Increase}}7.1%
|{{IncreaseNegative}}32.3%
|{{decreasePositive}}9.9%
|{{n/a}}
|-
|1996
|{{Increase}}196.7
|{{Increase}}8,627
|{{Decrease}}35.7
|{{Increase}}1,565
|{{Increase}}3.9%
|{{IncreaseNegative}}38.8%
|{{decreasePositive}}7.3%
|{{n/a}}
|-
|1997
|{{Decrease}}188.0
|{{Decrease}}8,289
|{{Decrease}}35.6
|{{Increase}}1,571
|{{Decrease}}−6.1%
|{{IncreaseNegative}}154.8%
|{{IncreaseNegative}}7.9%
|{{n/a}}
|-
|1998
|{{Decrease}}180.9
|{{Decrease}}8,018
|{{Increase}}42.6
|{{Increase}}1,885
|{{Decrease}}−4.8%
|{{IncreaseNegative}}59.1%
|{{IncreaseNegative}}9.6%
|{{n/a}}
|-
|1999
|{{Increase}}181.4
|{{Increase}}8,076
|{{Decrease}}36.0
|{{Decrease}}1,600
|{{Decrease}}−1.2%
|{{IncreaseNegative}}45.8%
|{{decreasePositive}}7.2%
|{{n/a}}
|-
|2000
|{{Increase}}190.9
|{{Increase}}8,501
|{{Increase}}37.4
|{{Increase}}1,667
|{{Increase}}2.9%
|{{IncreaseNegative}}45.7%
|{{IncreaseNegative}}7.6%
|29.5%
|-
|2001
|{{Increase}}205.1
|{{Increase}}9,145
|{{Increase}}40.4
|{{Increase}}1,800
|{{Increase}}5.1%
|{{IncreaseNegative}}34.5%
|{{decreasePositive}}7.4%
|{{decreasePositive}}27.4%
|-
|2002
|{{Increase}}220.2
|{{Increase}}10,083
|{{Increase}}46.0
|{{Increase}}2,108
|{{Increase}}5.7%
|{{IncreaseNegative}}22.5%
|{{IncreaseNegative}}8.3%
|{{decreasePositive}}27.3%
|-
|2003
|{{Increase}}229.7
|{{Increase}}10,620
|{{Increase}}57.8
|{{Increase}}2,672
|{{Increase}}2.3%
|{{IncreaseNegative}}15.4%
|{{decreasePositive}}7.8%
|{{decreasePositive}}24.9%
|-
|2004
|{{Increase}}260.1
|{{Increase}}12,091
|{{Increase}}75.1
|{{Increase}}3,487
|{{Increase}}10.3%
|{{IncreaseNegative}}11.9%
|{{IncreaseNegative}}8.0%
|{{decreasePositive}}21.3%
|-
|2005
|{{Increase}}280.1
|{{Increase}}13,140
|{{Increase}}98.5
|{{Increase}}4,608
|{{Increase}}4.7%
|{{IncreaseNegative}}9.0%
|{{decreasePositive}}7.1%
|{{decreasePositive}}17.8%
|-
|2006
|{{Increase}}312.9
|{{Increase}}14,718
|{{Increase}}122.1
|{{Increase}}5,744
|{{Increase}}8.0%
|{{IncreaseNegative}}6.6%
|{{IncreaseNegative}}7.2%
|{{decreasePositive}}12.7%
|-
|2007
|{{Increase}}344.5
|{{Increase}}16,301
|{{Increase}}174.8
|{{Increase}}8,273
|{{Increase}}7.2%
|{{Increase}}4.8%
|{{decreasePositive}}6.3%
|{{IncreaseNegative}}12.4%
|-
|2008
|{{Increase}}384.1
|{{Increase}}18,613
|{{Increase}}215.6
|{{Increase}}10,446
|{{Increase}}9.4%
|{{IncreaseNegative}}7.8%
|{{decreasePositive}}5.6%
|{{IncreaseNegative}}13.0%
|-
|2009
|{{Decrease}}365.1
|{{Decrease}}17,861
|{{Decrease}}174.6
|{{Decrease}}8,540
|{{Decrease}}−5.5%
|{{IncreaseNegative}}5.6%
|{{IncreaseNegative}}8.4%
|{{IncreaseNegative}}22.5%
|-
|2010
|{{Decrease}}355.0
|{{Decrease}}17,493
|{{Decrease}}170.3
|{{Decrease}}8,391
|{{Decrease}}−3.9%
|{{IncreaseNegative}}6.1%
|{{IncreaseNegative}}9.0%
|{{IncreaseNegative}}30.2%
|-
|2011
|{{Increase}}378.8
|{{Increase}}18,754
|{{Increase}}192.8
|{{Increase}}9,546
|{{Increase}}4.5%
|{{IncreaseNegative}}5.8%
|{{IncreaseNegative}}9.1%
|{{IncreaseNegative}}32.6%
|-
|2012
|{{Increase}}397.3
|{{Increase}}19,771
|{{Decrease}}179.2
|{{Decrease}}8,919
|{{Increase}}1.9%
|{{Increase}}3.3%
|{{decreasePositive}}8.7%
|{{IncreaseNegative}}36.2%
|-
|2013
|{{Decrease}}393.2
|{{Decrease}}19,641
|{{Increase}}189.8
|{{Increase}}9,481
|{{Increase}}0.2%
|{{Increase}}4.0%
|{{IncreaseNegative}}9.0%
|{{IncreaseNegative}}39.2%
|-
|2014
|{{Increase}}410.8
|{{Increase}}20,592
|{{Increase}}200.0
|{{Increase}}10,025
|{{Increase}}4.1%
|{{Increase}}1.1%
|{{decreasePositive}}8.6%
|{{IncreaseNegative}}40.5%
|-
|2015
|{{Increase}}428.6
|{{Increase}}21,570
|{{Decrease}}177.9
|{{Decrease}}8,951
|{{Increase}}3.2%
|{{decreasePositive}}−0.6%
|{{decreasePositive}}8.4%
|{{decreasePositive}}39.4%
|-
|2016
|{{Increase}}470.9
|{{Increase}}23,831
|{{Increase}}185.3
|{{Increase}}9,378
|{{Increase}}2.9%
|{{decreasePositive}}−1.6%
|{{decreasePositive}}7.2%
|{{IncreaseNegative}}39.5%
|-
|2017
|{{Increase}}530.8
|{{Increase}}27,020
|{{Increase}}210.5
|{{Increase}}10,717
|{{Increase}}8.2%
|{{Increase}}1.3%
|{{decreasePositive}}6.1%
|{{decreasePositive}}37.1%
|-
|2018
|{{Increase}}576.3
|{{Increase}}29,504
|{{Increase}}243.5
|{{Increase}}12,465
|{{Increase}}6.0%
|{{Increase}}4.6%
|{{decreasePositive}}5.2%
|{{decreasePositive}}36.2%
|-
|2019
|{{Increase}}609.2
|{{Increase}}31,379
|{{Increase}}251.0
|{{Increase}}12,928
|{{Increase}}3.8%
|{{Increase}}3.8%
|{{decreasePositive}}4.9%
|{{IncreaseNegative}}36.6%
|-
|2020
|{{Decrease}}594.4
|{{Decrease}}30,751
|{{Increase}}251.7
|{{Increase}}13,021
|{{Decrease}}−3.7%
|{{Increase}}2.6%
|{{IncreaseNegative}}6.1%
|{{IncreaseNegative}}49.4%
|-
|2021
|{{Increase}}657.5
|{{Increase}}34,245
|{{Increase}}285.6
|{{Increase}}14,874
|{{Increase}}5.9%
|{{IncreaseNegative}}5.0%
|{{decreasePositive}}5.6%
|{{IncreaseNegative}}51.1%
|-
|2022
|{{Increase}}737.3
|{{Increase}}38,721
|{{Increase}}301.8
|{{Increase}}15,851
|{{Increase}}4.8%
|{{IncreaseNegative}}13.8%
|{{Steady}}5.6%
|{{decreasePositive}}48.7%
|-style="background:#b7e4f0"
|2023
|{{Increase}}783.9
|{{Increase}}41,633
|{{Increase}}348.9
|{{Increase}}18,530
|{{Increase}}2.4%
|{{IncreaseNegative}}10.5%
|{{Steady}}5.6%
|{{decreasePositive}}48.3%
|-style="background:#b7e4f0"
|2024
|{{Increase}}830.5
|{{Increase}}44,484
|{{Increase}}376.7
|{{Increase}}20,175
|{{Increase}}3.6%
|{{IncreaseNegative}}5.8%
|{{decreasePositive}}5.4%
|{{IncreaseNegative}}49.3%
|-style="background:#b7e4f0"
|2025
|{{Increase}}878.0
|{{Increase}}47,441
|{{Increase}}405.2
|{{Increase}}21,893
|{{Increase}}3.7%
|{{Increase}}4.2%
|{{decreasePositive}}5.3%
|{{IncreaseNegative}}50.3%
|-style="background:#b7e4f0"
|2026
|{{Increase}}927.5
|{{Increase}}50,509
|{{Increase}}429.7
|{{Increase}}23,398
|{{Increase}}3.7%
|{{Increase}}3.0%
|{{decreasePositive}}5.2%
|{{IncreaseNegative}}51.4%
|-style="background:#b7e4f0"
|2027
|{{Increase}}978.1
|{{Increase}}53,684
|{{Increase}}450.9
|{{Increase}}24,749
|{{Increase}}3.6%
|{{Increase}}2.6%
|{{decreasePositive}}5.1%
|{{IncreaseNegative}}52.8%
|-style="background:#b7e4f0"
|2028
|{{Increase}}1,031.9
|{{Increase}}57,075
|{{Increase}}469.6
|{{Increase}}25,974
|{{Increase}}3.5%
|{{Increase}}2.5%
|{{decreasePositive}}5.0%
|{{IncreaseNegative}}54.2%
|}

===National budget===
The planned [[Government budget|national budget]] for 2017 is 422 billion lei ($103 billion), with an estimated budget deficit to GDP of 1.1%.

===Growing middle class===
Romania has a growing middle and upper classes with relatively high per-capita income. World Bank estimated that in 2002 99% of the urban and 94% of the rural population had access to electricity. In 2004, 91% of the urban and only 16% of the rural population had access to improved water supply and 94% of the urban population had access to improved sanitation.<ref>{{cite web|url=http://siteresources.worldbank.org/INTECA/Resources/257896-1182288383968/FiscalPolicy&EconomicGrowthinECA_Ch4.pdf|title=See Table 4.1|website=WorldBank.org|access-date=24 September 2017}}</ref> In 2017 there were about 22.5 million mobile phone users in Romania and about 18 million with internet access.

In February 2024, the gross average monthly wage was RON 8,871 (€1910), and the net average monthly wage was RON 5,556 (€1180).

===Neighbours===
Countries tend to benefit from sharing borders with developed markets as this facilitates trade and development. Below is a table of Romania's neighbouring countries, their GDP per capita, and trade values between the pairs. In 2017, 11.58% of Romanian exports went to its neighbours; while 12.95% of imports came from these five countries. For comparison, Germany alone accounted for 23% of Romania's exports and 20.1% of its imports.<ref name="Romania: Trade Statistics">{{cite web|url=https://globaledge.msu.edu/countries/romania/tradestats|title=Romania: Trade Statistics|work=GlobalEDGE|access-date=1 May 2019}}</ref>

{| border="1" class="wikitable"
|-----
! Country
! GDP per capita,<br /> <small>(current US$) 2022<ref>{{cite web|url=https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=HU-RO-BG-MD-UA-RS&name_desc=true|title=GDP per capita (current US$) – Romania, Moldova, Hungary, Serbia, Bulgaria, Ukraine|website=data.WorldBank.org|access-date=4 February 2024}}</ref></small>
! Difference <br /> <small> in %</small>
|- align="right"
! align="left"|Hungary
| 18,390 || +16.5
|- align="right"
! align="left"|Romania
| 15,786
|- align="right"
! align="left"|Bulgaria 
| 13,974 || −11.5
|- align="right"
! align="left"|Serbia 
| 9,537 || −39.6
|- align="right"
! align="left"|Moldova
| 5,714 || −63.8
|- align="right"
! align="left"|Ukraine
| 4,534 || −71.3
|}