The Gross Domestic Product (GDP) in Romania expanded 1.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Romania averaged 0.77 percent from 1995 until 2019, reaching an all time high of 6.10 percent in the first quarter of 1996 and a record low of -7.10 percent in the first quarter of 2009. Romania is an upper-middle income economy and has been part of the European Union since 2007. The main industries in Romania are: electric machinery and equipment, textiles and footwear, light machinery and auto assembly, software, mining, timber, construction materials, metallurgy, chemicals, food processing and petroleum refining. On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (14 percent). Exports of goods and services account for 41 percent of GDP and imports account for 41 percent. This page provides - Romania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Romania increased to 3224 in March from 3100 in February of 2020. Building Permits in Romania averaged 3672.37 from 2005 until 2020, reaching an all time high of 6291 in May of 2008 and a record low of 1429 in January of 2016. This page provides - Romania Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Romania decreased to -26.10 points in April from -11.10 points in March of 2020. Consumer Confidence in Romania averaged -16.90 points from 2001 until 2020, reaching an all time high of -1.20 points in March of 2017 and a record low of -52.60 points in June of 2010. In Romania, the Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Romania Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Romania decreased to 111.30 points in March from 112.80 points in February of 2020. Producer Prices in Romania averaged 85.85 points from 2000 until 2020, reaching an all time high of 113.80 points in January of 2020 and a record low of 33.30 points in January of 2000. In Romania, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Romania Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Productivity in Romania increased to 121.60 points in the fourth quarter of 2019 from 120.30 points in the third quarter of 2019. Productivity in Romania averaged 73.89 points from 1995 until 2019, reaching an all time high of 121.60 points in the fourth quarter of 2019 and a record low of 40.50 points in the fourth quarter of 1995. This page provides - Romania Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Romania was estimated at 19.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Romania had a population of 18.3 million people. The population of Romania represents 0.31 percent of the world´s total population which arguably means that one person in every 326 people on the planet is a resident of Romania. This page provides - Romania Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania is ranked 55 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Romania deteriorated to 55 in 2019 from 52 in 2018. Ease Of Doing Business in Romania averaged 43.33 from 2014 until 2019, reaching an all time high of 55 in 2019 and a record low of 35 in 2015. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page provides - Romania Ease Of Doing Business- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Asylum Applications in Romania increased to 370 persons in November from 225 persons in October of 2019. Asylum Applications in Romania averaged 175.33 persons from 2011 until 2019, reaching an all time high of 750 persons in August of 2017 and a record low of 45 persons in January of 2011. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.

Consumer Spending in Romania increased to 44323.70 RON Million in the fourth quarter of 2019 from 41667.60 RON Million in the third quarter of 2019. Consumer Spending in Romania averaged 24387.18 RON Million from 1995 until 2019, reaching an all time high of 44323.70 RON Million in the fourth quarter of 2019 and a record low of 12271.40 RON Million in the first quarter of 1995. This page provides - Romania Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Romania increased to 3212.80 RON Million in the fourth quarter of 2019 from 2555.40 RON Million in the third quarter of 2019. Government Spending in Romania averaged 1804.85 RON Million from 1995 until 2019, reaching an all time high of 3385.10 RON Million in the second quarter of 1995 and a record low of 528.80 RON Million in the third quarter of 1995. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Romania decreased to 176455 persons in November from 238792 persons in October of 2019. Tourist Arrivals in Romania averaged 175638.23 persons from 2010 until 2019, reaching an all time high of 337836 persons in August of 2017 and a record low of 66422 persons in January of 2010. In Romania, the arrival of a foreign tourist in an establishment of tourists’ reception with functions of tourists’ accommodation is registered when a person signs in the register of the respective establishment for one night or several nights’ accommodation. In each establishment of tourists’ reception with functions of tourists’ accommodation, regardless of the number of overnight stays, the continuous stay of a tourist counts as one arrival. This page provides - Romania Foreign Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The BET decreased 1540 points or 15.53% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Romania. Historically, the Romania Stock Market (BET) reached an all time high of 10857.71 in July of 2007. The Bucharest Exchange Trading Index BET 10 is a major stock market index which tracks the performance of 10 most liquid stocks listed on the Bucharest Exchange in Romania. It is a capitalization weighted index. BET 10 has a base value of 1000 as of September 22, 1997.

Living Wage Individual in Romania decreased to 1300 RON/Month in 2018 from 1330 RON/Month in 2017. Living Wage Individual in Romania averaged 1290 RON/Month from 2015 until 2018, reaching an all time high of 1330 RON/Month in 2017 and a record low of 1250 RON/Month in 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Retirement Age Men in Romania remained unchanged at 65 in 2018 from 65 in 2017. Retirement Age Men in Romania averaged 64.25 from 2006 until 2018, reaching an all time high of 65 in 2015 and a record low of 62.92 in 2006. In Romania, from 2008, the retirement age for men has been rising three months per year until it reaches 65 in 2015. This page provides - Romania Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Romania decreased to 55.10 percent in the fourth quarter of 2019 from 55.80 percent in the third quarter of 2019. Labor Force Participation Rate in Romania averaged 56.98 percent from 1996 until 2019, reaching an all time high of 67.80 percent in the third quarter of 1996 and a record low of 52.70 percent in the first quarter of 2016. This page provides - Romania Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Romania increased to 3033.50 RON Million in the fourth quarter of 2019 from 2971.40 RON Million in the third quarter of 2019. GDP From Agriculture in Romania averaged 2669.06 RON Million from 1995 until 2019, reaching an all time high of 3378.90 RON Million in the third quarter of 2004 and a record low of 1849.10 RON Million in the first quarter of 2012. This page provides - Romania Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Romania decreased to 38417.40 EUR Million in April from 39005.50 EUR Million in March of 2020. Foreign Exchange Reserves in Romania averaged 25773.92 EUR Million from 2000 until 2020, reaching an all time high of 40752.20 EUR Million in February of 2020 and a record low of 2598.50 EUR Million in February of 2000. In Romania, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Romania Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Romania increased to 60.92 in 2018 from 60.67 in 2017. Retirement Age Women in Romania averaged 59.42 from 2006 until 2018, reaching an all time high of 60.92 in 2018 and a record low of 57.92 in 2006. In Romania, from 2007, the retirement age for women is rising three months per year until it reaches 65 in 2030. This page provides - Romania Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Romania remained unchanged at 1.50 percent in March from 1.50 percent in February of 2020. Deposit Interest Rate in Romania averaged 2.17 percent from 2003 until 2020, reaching an all time high of 6.25 percent in August of 2008 and a record low of 0.25 percent in August of 2014. This page provides - Romania Deposit Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment in Romania decreased to 7899.80 Thousand in the fourth quarter of 2019 from 7978.20 Thousand in the third quarter of 2019. Full Time Employment in Romania averaged 7832.77 Thousand from 1998 until 2019, reaching an all time high of 8640.40 Thousand in the second quarter of 1998 and a record low of 7228.10 Thousand in the first quarter of 2015. This page provides - Romania Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania recorded a Current Account deficit of 574 EUR Million in February of 2020. Current Account in Romania averaged -450.87 EUR Million from 1997 until 2020, reaching an all time high of 901 EUR Million in March of 2015 and a record low of -2344 EUR Million in May of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Romania Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

New Orders in Romania increased to 150.90 points in February from 144 points in January of 2020. New Orders in Romania averaged 88.34 points from 2005 until 2020, reaching an all time high of 166.20 points in October of 2018 and a record low of 37.60 points in August of 2005. In Romania, the industrial new orders represent the value of the contracts concluded between a producer and a customer during the reference month and involve the deliveries of goods and services that have to be made by the producer, regardless of the period in which these goods/services are to be supplied. The product-related taxes (such as the VAT), the rebates and the discounts, when granted on a contractual basis, are not included. This page provides - Romania New Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Romania was last recorded at 36.0 percent of GDP in 2019 . Government Spending to GDP in Romania averaged 36.03 percent from 1995 until 2019, reaching an all time high of 40 percent in 2010 and a record low of 33.20 percent in 1996. This page provides the latest reported value for - Romania Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lending Rate in Romania decreased to 2.50 percent in March from 3.50 percent in February of 2020. Lending Rate in Romania averaged 11.44 percent from 2003 until 2020, reaching an all time high of 45 percent in February of 2003 and a record low of 2.50 percent in March of 2020. This page provides - Romania Credit Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in Romania decreased to 114.40 points in the fourth quarter of 2019 from 116.10 points in the third quarter of 2019. Labour Costs in Romania averaged 69.68 points from 1995 until 2019, reaching an all time high of 161.30 points in the first quarter of 2019 and a record low of 2.30 points in the third quarter of 1995. This page provides - Romania Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Romania increased to 28420 RON Million in March from 21151 RON Million in February of 2020. Government Revenues in Romania averaged 46006.69 RON Million from 2006 until 2020, reaching an all time high of 152477.40 RON Million in December of 2019 and a record low of 3701.40 RON Million in January of 2006. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Romania Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Romania decreased to 12413 RON Million in the fourth quarter of 2019 from 12536.30 RON Million in the third quarter of 2019. Gross Fixed Capital Formation in Romania averaged 7624.26 RON Million from 1995 until 2019, reaching an all time high of 14363.70 RON Million in the third quarter of 2008 and a record low of 3222.20 RON Million in the fourth quarter of 1995. This page provides - Romania Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Romania increased by 4 EUR Million in February of 2020. Foreign Direct Investment in Romania averaged 381.71 EUR Million from 2005 until 2020, reaching an all time high of 2813 EUR Million in October of 2006 and a record low of -394 EUR Million in April of 2013. This page provides - Romania Foreign Direct Investment, Net Inflows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Romania increased to 1.60 percent in the fourth quarter of 2019 from 1.50 percent in the third quarter of 2019. Long Term Unemployment Rate in Romania averaged 3.15 percent from 1997 until 2019, reaching an all time high of 5.30 percent in the fourth quarter of 2003 and a record low of 1.50 percent in the second quarter of 2019. In Romania, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Romania Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Romania decreased to 1 USD/Liter in April from 1.08 USD/Liter in March of 2020. Gasoline Prices in Romania averaged 1.29 USD/Liter from 1995 until 2020, reaching an all time high of 1.96 USD/Liter in September of 2014 and a record low of 0.29 USD/Liter in December of 1995. This page provides the latest reported value for - Romania Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Romania recorded a Current Account deficit of 4.60 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Romania averaged -3.42 percent from 1980 until 2019, reaching an all time high of 6.60 percent in 1988 and a record low of -13.60 percent in 2007. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Romania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Romania increased 3.90 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Romania averaged 7.50 percent from 2001 until 2020, reaching an all time high of 32.90 percent in May of 2006 and a record low of -16.20 percent in June of 2009. In Romania, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Romania Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Romania increased to 48355.60 RON Million in March from 31676.20 RON Million in February of 2020. Fiscal Expenditure in Romania averaged 56907.89 RON Million from 2006 until 2020, reaching an all time high of 200556.60 RON Million in December of 2019 and a record low of 2850.50 RON Million in January of 2006. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Romania Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Romania increased 5 percent in March of 2020 over the previous month. Retail Sales MoM in Romania averaged 0.63 percent from 2000 until 2020, reaching an all time high of 11.20 percent in June of 2005 and a record low of -9.80 percent in July of 2010. In Romania, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Romania, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Romania Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Job Vacancies in Romania decreased to 0.95 percent in the fourth quarter of 2019 from 1.11 percent in the third quarter of 2019. Job Vacancies in Romania averaged 1.01 percent from 2008 until 2019, reaching an all time high of 2.14 percent in the first quarter of 2008 and a record low of 0.50 percent in the fourth quarter of 2009. This page provides - Romania Job Vacancies Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Romania increased to 1137 EUR Million in the fourth quarter of 2019 from 1049 EUR Million in the third quarter of 2019. Remittances in Romania averaged 1060.65 EUR Million from 2005 until 2019, reaching an all time high of 1724 EUR Million in the third quarter of 2008 and a record low of 595 EUR Million in the first quarter of 2017. In Romania, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances). This page provides - Romania Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports of Transfers (decalcomanias, Except Toy) in Mexico increased to 5569 USD THO in March from 4401 USD THO in February of 2020. Imports of Transfers (decalcomanias, Except Toy) in Mexico averaged 5685.80 USD THO from 2014 until 2020, reaching an all time high of 9362 USD THO in August of 2016 and a record low of 4077 USD THO in January of 2017. This page includes a chart with historical data for Mexico Imports of Transfers (decalcomanias, Except Toy).

Central Bank Balance Sheet in Romania increased to 214153.97 RON Million in March from 212822.04 RON Million in February of 2020. Central Bank Balance Sheet in Romania averaged 162099.17 RON Million from 2007 until 2020, reaching an all time high of 214153.97 RON Million in March of 2020 and a record low of 80454.70 RON Million in July of 2007. This page provides - Romania Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Factory Orders in Romania increased 5.40 percent in February of 2020 over the previous month. Factory Orders in Romania averaged 7.70 percent from 2009 until 2020, reaching an all time high of 42.30 percent in December of 2010 and a record low of -24.20 percent in April of 2009. In Romania, the industrial new orders represent the value of the contracts concluded between a producer and a customer during the reference month and involve the deliveries of goods and services that have to be made by the producer, regardless of the period in which these goods/services are to be supplied. The product-related taxes (such as the VAT), the rebates and the discounts, when granted on a contractual basis, are not included. This page provides - Romania Factory Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Romania decreased by 55.40 RON Million in the fourth quarter of 2019. Changes in Inventories in Romania averaged -661.91 RON Million from 1995 until 2019, reaching an all time high of 5566.30 RON Million in the third quarter of 2009 and a record low of -18530.30 RON Million in the second quarter of 2016. In Romania, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Romania Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania Three Month Interbank Rate was at 2.34 percent on Friday May 8. Interbank Rate in Romania averaged 21.68 percent from 1995 until 2020, reaching an all time high of 207.10 percent in March of 1997 and a record low of 0.49 percent in September of 2016. In Romania, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Romania Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Romania was last recorded at 2 percent. Interest Rate in Romania averaged 5.30 percent from 2005 until 2020, reaching an all time high of 12.50 percent in May of 2005 and a record low of 1.75 percent in May of 2015. In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate. This page provides the latest reported value for - Romania Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

What's happening in the world of pop? FT critics Ludovic Hunter-Tilney and Richard Clayton join Neville Hawcock in the studio to look forward to this summer's pop festivals - and to ask whether pop itself has become too backward-looking, as Simon Reynolds argues in his new book Retromania. Are we really addicted to the past? And are YouTube and now the Apple iCloud part of this trend? Produced by Griselda Murray Brown  

See acast.com/privacy for privacy and opt-out information.

Producers have made impressive progress in a country where consumption per capita is heroic

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns

Great Britain took their first steps towards the next Winter Olympics when they emerged from the opening game of their qualifying tournament in Nottingham with a hard-fought 4-3 victory.

An 11-minute first-half hat-trick from man of the match Mark Cueto set up England for an impressive if expected demolition of Romania's second team at the Otago Stadium.

Martin Johnson immediately turned his attention to next weekend's World Cup showdown with Scotland after England scored 10 tries in a 67-3 rout of Romania.

England put one foot in the World Cup quarter-finals but not before they were caught up in yet more controversy, this time over the match balls. Johnson's side crushed Romania.

Lily Rose Depp, 20, took a well-deserved break when she snapped photographs during her holiday, in Bucharest, Romania on Tuesday.