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Romania Real GDP

Romania's real GDP rose to $238.24 billion in 2024, up from $236.32 billion in 2023, according to World Bank. This represents an increase of 0.8% ($1.92 billion) from the previous year and accounts for 0.25% of the world's total real GDP. Romania has real GDP higher than the global median ($238.24 billion vs median $29.34 billion). Compared with the median in Europe, Romania is higher ($238.24 billion vs regional median $78.54 billion) and ranks 19th out of 47 countries in Europe.

Romania's GDP per capita rose to $12,493.43 in 2024, up from $12,399 in 2023.

Yearly Historical Data (1990-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 238.24
2023 236.32
2022 230.77
2021 221.97
2020 210.31
2019 218.33
2018 210.09
2017 197.97
2016 182.97
2015 177.89
2014 172.44
2013 165.62
2012 165.16
2011 162.08
2010 155.11
2009 161.41
2008 170.83
2007 156.29
2006 145.74
2005 134.91
2004 128.9
2003 116.72
2002 114.05
2001 107.9
2000 102.55
1999 100.09
1998 100.46
1997 102.55
1996 107.77
1995 103.72
1994 97.63
1993 93.94
1992 92.52
1991 101.42
1990 116.46
Romania Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Romania, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $382.77B $350.78B 2024
GDP Annual Growth Rate 0.81% 2.4% 2024
GDP Growth Rate (QoQ) 1.2% 0% Jun'25
GDP Growth Rate (YoY) 0.3% 0.3% Jun'25
GDP per Capita $12,493.43 $12,399 2024
GDP per Capita PPP $40,608.42 $40,301.5 2024
R&D Expenditure (% GDP) 0.46% 0.47% 2022