ROMANIA: Macroeconomic Data Reforms and economic development 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
% % %
4.2 8.9 15.3
7.9 9.4 19.9
6.2 9.6 29.0
7.1 8.0 19.3
Mil. Euro Mil. Euro Mil. Euro Mil. Euro Mil. Euro
22255 30061 -7806 -6888 5237
25850 37609 -11759 -10156 8723
29549 47371 -17822 -16677 7047
33614 51813 -18199 -16877 9237
%
9.0
6.56
4.84
7.85
Thou. pers Thou. pers %
4559 523 5.9
4667 460 5.2
4885 367 4.0
n.a. 403 4.4
-
2.9137 3.6234
2.8090 3.5245
2.4383 3.3373
2.5189 3.6827
GROWTH AND ASSOCIATED FACTORS
GDP growth Final consumption Gross Fixed Capital Formation TRADE AND INVESTMENT Exports FOB Imports FOB Trade balance Current account deficit Direct Investments INFLATION CPI (average) EMPLOYMENT No. of employees in economy Unemployment Unemployment rate EXCHANGE RATE RON/USD (average) RON/EURO (average)
Source: INS, BNR