Romania

Business Context Overview

EU Member State
Flag - Romania
19.0M
Approx. 19.0 million inhabitants.
Population
€370–390B
Approx. €370–390 billion.
GDP (Nominal)
€19,000–€21,000
Approx. €19,000–€21,000.
GDP per Capita
2.5–3.5%
Approx. 2.5–3.5%.
GDP Growth
4.5–5.5%
Approx. 4.5–5.5%.
Inflation
5.0–5.5%
Approx. 5.0–5.5%.
Unemployment Rate
Romanian leu (RON)
Romanian leu (RON)
Currency
51–55%
Approx. 51–55% of GDP.
Public Debt

Economic Structure

Bulgaria has evolved into a major manufacturing and service location in Eastern Europe, supported by scale, labor availability, and proximity to EU markets.

Manufacturing and industrial production
Automotive
IT and business services
Agriculture and food processing
Construction

Economic Outlook

Romania is expected to continue moderate growth, driven by domestic demand, EU funds, and export-oriented investment. Key structural priorities include fiscal consolidation, infrastructure upgrades, and productivity growth.

Business Environment (High-Level)

Romania offers a business environment shaped by Manufacturing and industrial production, Automotive, IT and business services, with commercial activity supported by Vehicles and automotive parts, Machinery and equipment and regional market integration.

16% standard

19%

€814/month as of January 2025.

EU Member State.

Typically around 6–8 days. Romania remains attractive for industrial production, outsourcing, and IT operations, though infrastructure and administrative quality remain uneven.

Main Export Products

  • Vehicles and automotive parts
  • Machinery and equipment
  • Electrical goods
  • Chemicals
  • Agricultural and food products

Main Export Partners

  • Germany
  • Italy
  • France
  • Hungary
  • Poland
  • Bulgaria has evolved into a major manufacturing and service location in Eastern Europe, supported by scale, labor availability, and proximity to EU markets.

Data & Transparency

Data Sources:

  • IMF
  • World Bank
  • Eurostat
  • National Institute of Statistics Romania
  • OECD
  • European Commission

Last Updated: April 2026

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This profile is based on publicly available data and AI-supported analysis. It does not constitute official or legally binding information. Users are required to verify all data with relevant authorities before making decisions. We are not a governmental body, public authority, or official representative of any country unless explicitly stated.