Estonia is highly integrated into the global trade system: it exports approximately 80% of GDP and around half of domestic employment is sustained by foreign demand.

This paper investigates the effect of export entry on productivity, employment and wages of Latvian and Estonian firms in the context of global value chain (GVC).

Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt.

This publication looks at regional innovation in Wallonia, Belgium, by examining the political context, governance issues and the role of innovation in the economy, along with regional innovation strategies to promote growth.

Restoring fiscal sustainability is a major challenge in Slovenia. Yet, the performance in terms of expenditure control is poor and public expenditure on social spending increased briskly during the crisis, significantly more than on average across the OECD.

This report is the first joint OECD Public Governance Review between two countries. The Report discusses challenges in whole-of-government strategy steering and the opportunities of digital government.

The Public Governance Review of Lithuania was launched in Vilnius on 19 June 2015 as part of the closing event of Lithuania’s Open Progress Forum "Innovative Public Sector – Mission (Im)possible?".

Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.

This report evaluates the corporate governance framework for the Lithuanian state-owned enterprise sector relative to the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report was prepared at the request of the Republic of Lithuania, reviewed by the OECD Working Party on State Ownership and Privatisation Practices and is based on discussions involving all OECD countries.

Household Saving Rate in Lithuania decreased to -1.23 percent in 2018 from 0.29 percent in 2017. Personal Savings in Lithuania averaged 2.93 percent from 1995 until 2018, reaching an all time high of 8.42 percent in 2010 and a record low of -4.06 percent in 2007. This page provides - Lithuania Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from New Caledonia in Germany increased to 113 EUR THO in February from 1 EUR THO in January of 2020. Imports from New Caledonia in Germany averaged 83.54 EUR THO from 2000 until 2020, reaching an all time high of 2015 EUR THO in August of 2002 and a record low of 0 EUR THO in September of 2010. This page includes a chart with historical data for Germany Imports from New Caledonia.

Imports from Mauritania in Germany increased to 7282 EUR THO in February from 6801 EUR THO in January of 2020. Imports from Mauritania in Germany averaged 7221.76 EUR THO from 2000 until 2020, reaching an all time high of 29360 EUR THO in May of 2002 and a record low of 480 EUR THO in January of 2000. This page includes a chart with historical data for Germany Imports from Mauritania.

Loans To Private Sector in Mauritania increased to 387 MRO Billion in March from 385.10 MRO Billion in February of 2014. Loans To Private Sector in Mauritania averaged 295.77 MRO Billion from 2007 until 2014, reaching an all time high of 398.40 MRO Billion in December of 2013 and a record low of 172.30 MRO Billion in July of 2007. Loans To Private Sector in Mauritania is reported by the Central Bank of Mauritania. This page provides - Mauritania Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans To Private Sector in Romania increased to 107702 RON Million in July from 107564.30 RON Million in June of 2018. Loans To Private Sector in Romania averaged 101024.50 RON Million from 2007 until 2018, reaching an all time high of 121752.80 RON Million in September of 2012 and a record low of 48811.80 RON Million in January of 2007. This page provides - Romania Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Romania increased to 2880 RON/Month in 2018 from 2290 RON/Month in 2017. Wages High Skilled in Romania averaged 2267.50 RON/Month from 2015 until 2018, reaching an all time high of 2880 RON/Month in 2018 and a record low of 1860 RON/Month in 2015. This page provides - Romania Wages High Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Weapons Sales in Romania decreased to 2 USD Million in 2014 from 108 USD Million in 2013. Weapons Sales in Romania averaged 32.03 USD Million from 1971 until 2014, reaching an all time high of 173 USD Million in 1984 and a record low of 0 USD Million in 2011. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

Romania scored 44 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Romania averaged 36.84 Points from 1997 until 2019, reaching an all time high of 48 Points in 2016 and a record low of 26 Points in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Romania Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Romania is the 70 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Romania averaged 68.57 from 1997 until 2019, reaching an all time high of 87 in 2004 and a record low of 37 in 1997. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Romania Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Romania stands at 19 percent. Sales Tax Rate in Romania averaged 20.48 percent from 2000 until 2020, reaching an all time high of 24 percent in 2010 and a record low of 19 percent in 2001. In Romania, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Romania. This page provides - Romania Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Romania increased to 5222 Gigawatt-hour in December from 4901 Gigawatt-hour in November of 2019. Electricity Production in Romania averaged 5110.94 Gigawatt-hour from 2008 until 2019, reaching an all time high of 6455 Gigawatt-hour in January of 2017 and a record low of 4211 Gigawatt-hour in September of 2019. This page has Electricity Production values for Romania.

The Gross Domestic Product (GDP) in Romania was worth 250 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Romania represents 0.21 percent of the world economy. GDP in Romania averaged 105.37 USD Billion from 1987 until 2019, reaching an all time high of 250 USD Billion in 2019 and a record low of 25.12 USD Billion in 1992. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Romania GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Romania decreased to 66 percent in the fourth quarter of 2019 from 66.70 percent in the third quarter of 2019. Employment Rate in Romania averaged 61.35 percent from 1996 until 2019, reaching an all time high of 69.10 percent in the third quarter of 1996 and a record low of 55.40 percent in the first quarter of 2003. In Romania, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Romania Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

ICU Beds in Romania averaged 548.48 per 100K people from 1980 until 2013, reaching an all time high of 709.49 per 100K people in December of 1986 and a record low of 402.61 per 100K people in December of 2013. This page includes a chart with historical data for Romania ICU Beds.

Romania recorded a trade deficit of 1.28 EUR Million in February of 2020. Balance of Trade in Romania averaged -666.21 EUR Million from 1992 until 2020, reaching an all time high of 137.60 EUR Million in February of 1996 and a record low of -2542.10 EUR Million in September of 2008. Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. More than 70% of exports and imports are with other European Union members with Italy, Germany and France being the most important. This page provides - Romania Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Romania decreased to 4826.50 EUR Million in December from 5998.80 EUR Million in November of 2019. Exports in Romania averaged 2315.03 EUR Million from 1991 until 2019, reaching an all time high of 6336.90 EUR Million in October of 2018 and a record low of 143.20 EUR Million in February of 1991. Romania exports mostly machinery and transport equipment, raw materials, and miscellaneous manufactured articles like textiles and footwear. Romania main exports partners are other European Union members with Germany, Italy and France being the most important. Others include Turkey. This page provides - Romania Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Romania decreased to 6594.90 EUR Million in December from 7486.20 EUR Million in November of 2019. Imports in Romania averaged 3055.34 EUR Million from 1992 until 2019, reaching an all time high of 8298.10 EUR Million in October of 2019 and a record low of 219.70 EUR Million in January of 1994. Romania imports machinery and transport equipment, raw materials, chemicals and fuels. Its main imports partners are other European Union members with Germany, Italy, Hungary and France being the most important. Others include Russia and Turkey. This page provides - Romania Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Romania was recorded at 3.10 percent in March of 2020. Inflation Rate in Romania averaged 42.54 percent from 1991 until 2020, reaching an all time high of 316.90 percent in November of 1993 and a record low of -3.50 percent in May of 2016. In Romania, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Romania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Romania decreased to 100.16 points in February of 2020 from 100.24 points in January of 2020. CPI Transportation in Romania averaged 100.75 points from 2001 until 2020, reaching an all time high of 108.60 points in June of 2001 and a record low of 99.47 points in January of 2016. This page provides - Romania Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Romania increased 4.09 percent in February of 2020 over the same month in the previous year. Food Inflation in Romania averaged 18.47 percent from 1995 until 2020, reaching an all time high of 178.30 percent in April of 1997 and a record low of -8.97 percent in May of 2014. This page provides - Romania Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Romania decreased 0.23 percent in June of 2019 over the previous month. Inflation Rate Mom in Romania averaged 2.56 percent from 1990 until 2019, reaching an all time high of 30.70 percent in March of 1997 and a record low of -2.95 percent in June of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Romania Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Romania increased to 125.49 points in the fourth quarter of 2019 from 123.57 points in the third quarter of 2019. Housing Index in Romania averaged 109.93 points from 2009 until 2019, reaching an all time high of 132.70 points in the first quarter of 2009 and a record low of 96.01 points in the third quarter of 2014. In Romania, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Romania House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Romania increased to 100.50 points in March from 100.25 points in February of 2020. Consumer Price Index CPI in Romania averaged 102.50 points from 1990 until 2020, reaching an all time high of 130.70 points in March of 1997 and a record low of 97.05 points in June of 2015. In Romania, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Romania Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Romania remained unchanged at 70 BBL/D/1K in December from 70 BBL/D/1K in November of 2019. Crude Oil Production in Romania averaged 103.15 BBL/D/1K from 1994 until 2019, reaching an all time high of 146 BBL/D/1K in February of 1994 and a record low of 70 BBL/D/1K in February of 2018. This page provides - Romania Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Romania increased 0.70 percent in February of 2020 over the previous month. Industrial Production Mom in Romania averaged 0.37 percent from 2005 until 2020, reaching an all time high of 11.10 percent in April of 2013 and a record low of -12.30 percent in May of 2013. In Romania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Romania Industrial Production MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Romania decreased 2.60 percent in February of 2020 over the same month in the previous year. Industrial Production in Romania averaged 3.43 percent from 2001 until 2020, reaching an all time high of 17.90 percent in March of 2007 and a record low of -14.30 percent in January of 2009. In Romania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Romania Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Romania increased 2.60 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Romania averaged 5.33 percent from 2001 until 2020, reaching an all time high of 29.70 percent in December of 2001 and a record low of -0.50 percent in December of 2016. This page provides - Romania Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Romania increased by 1.30 in December of 2019. Employment Change in Romania averaged -0.25 percent from 1995 until 2019, reaching an all time high of 4 percent in the second quarter of 2017 and a record low of -10.40 percent in the first quarter of 2002. This page provides - Romania Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Romania increased to 4.60 percent in March from 3.90 percent in February of 2020. Unemployment Rate in Romania averaged 6.30 percent from 2004 until 2020, reaching an all time high of 8.70 percent in January of 2004 and a record low of 3.80 percent in June of 2019. In Romania, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Romania Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Capacity Utilization in Romania decreased to 73.40 percent in the second quarter of 2020 from 74.20 percent in the first quarter of 2020. Capacity Utilization in Romania averaged 78.40 percent from 2001 until 2020, reaching an all time high of 86.40 percent in the second quarter of 2007 and a record low of 71 percent in the third quarter of 2009. This page provides - Romania Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Romania increased to 4997.10 Thousand in February of 2020 from 4992.40 Thousand in January of 2020. Employed Persons in Romania averaged 5651.77 Thousand from 1980 until 2020, reaching an all time high of 8496 Thousand in June of 1990 and a record low of 4095.20 Thousand in January of 2011. In Romania, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Romania Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Romania increased to 433934.70 RON Million in March from 423524.20 RON Million in February of 2020. Money Supply M2 in Romania averaged 225680.88 RON Million from 2004 until 2020, reaching an all time high of 433934.70 RON Million in March of 2020 and a record low of 62118.30 RON Million in January of 2005. Romania Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides the latest reported value for - Romania Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Banks Balance Sheet in Romania increased to 558342.80 RON Million in March from 539985.02 RON Million in February of 2020. Banks Balance Sheet in Romania averaged 391303.39 RON Million from 2007 until 2020, reaching an all time high of 558342.80 RON Million in March of 2020 and a record low of 181252.30 RON Million in January of 2007. This page provides - Romania Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania recorded a government budget deficit of 19935.60 RON Million in March of 2020. Government Budget Value in Romania averaged -5860.06 RON Million from 1992 until 2020, reaching an all time high of 3486.70 RON Million in January of 2019 and a record low of -48079.20 RON Million in December of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Romania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Romania stands at BBB- with negative outlook. Moody's credit rating for Romania was last set at Baa3 with negative outlook. Fitch's credit rating for Romania was last reported at BBB- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Romania thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Romania as reported by major credit rating agencies.

Romania recorded 15131 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 898 Coronavirus Deaths. This page includes a chart with historical data for Romania Coronavirus Cases.

Romania recorded 926 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 15131 Coronavirus Cases. This page includes a chart with historical data for Romania Coronavirus Deaths.

Romania recorded 6912 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Romania reported 926 Coronavirus Deaths. This page includes a chart with historical data for Romania Coronavirus Recovered.

Business Confidence in Romania decreased to -27.10 points in April from -2.60 points in March of 2020. Business Confidence in Romania averaged -1.78 points from 1991 until 2020, reaching an all time high of 27.30 points in June of 1996 and a record low of -27.10 points in April of 2020. Industrial Confidence Indicator is a survey measuring the confidence among executives in the manufacturing sector. This page provides - Romania Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lithuania scored 60 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Lithuania averaged 51.05 Points from 1999 until 2019, reaching an all time high of 61 Points in 2015 and a record low of 38 Points in 1999. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Lithuania Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lithuania is the 35 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Lithuania averaged 43.33 from 1999 until 2019, reaching an all time high of 58 in 2008 and a record low of 32 in 2015. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Lithuania Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.