Acasă » General Interest » Economics&Markets » Romania’s GDP increased by 4.1% in 2019, compared to the previous year (INS)

Romania’s GDP increased by 4.1% in 2019, compared to the previous year (INS)

7 April 2020
Economics&Markets
energynomics

The gross domestic product (GDP) of Romania increased by 4.1% in 2019, up to the value of 1,059 billion lei in current prices, compared to the previous year, according to the provisional data published on Tuesday by the National Institute of Statistics (INS).

As a gross series, the same indicator estimated for last year was of about 1,060 billion lei in current prices, higher – in real terms – by 4.1% compared to 2018, according to Agerpres.

According to INS data, the estimated GDP for the fourth quarter of 2019 was on a seasonally adjusted series of 275.347 billion lei current prices, rising (in real terms) by 1.5% compared to the third quarter of 2019, respectively by 4.2% compared to the fourth quarter of 2018.

Also, the estimated GDP for the fourth quarter of 2019, as an adjusted series, was of 321.360 billion lei at current prices, increasing by 4.3% compared to the fourth quarter of 2018, in real terms.

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