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Romania's GDP in 2021 was approximately .4 billion USD.
GDP Growth Rate
The GDP growth rate for Romania in 2021 was around 7.1%, reflecting a strong rebound from the economic impact of the COVID-19 pandemic.
Unemployment Rate
The unemployment rate in Romania in 2021 was approximately 5.5%.
Inflation Rate
Romania's inflation rate in 2021 was around 3.1%.
Foreign Direct Investment (FDI)
Romania attracted FDI worth approximately .5 billion USD in 2021.
Ease of Doing Business Ranking
Romania's ranking in the World Bank's Ease of Doing Business Index for 2021 was 55th out of 190 countries, indicating a relatively favorable business environment.
Corruption Perceptions Index
In Transparency International's Corruption Perceptions Index for 2020 (as data for 2021 might not have been available at the time of my last update), Romania scored 44 out of 100, suggesting moderate levels of perceived corruption.
Trade Balance
Romania had a trade deficit of approximately .3 billion USD in 2021, indicating a negative trade balance.
Five largest companies in Romania
OMV Petrom: OMV Petrom is the largest oil and gas company in Romania and is majority-owned by the Austrian energy company OMV Group. It operates in various segments of the energy industry, including exploration, production, refining, and distribution.
Dacia (Groupe Renault): Dacia, part of the Groupe Renault, is one of the leading automotive manufacturers in Romania. It produces a range of affordable and popular vehicles, including the Dacia Logan, Sandero, and Duster.
Rompetrol: Rompetrol is a major player in the energy and petroleum sector in Romania. It is involved in oil refining, distribution, and retail operations, including the Rompetrol gas station network.
Kaufland: Kaufland is a large retail chain in Romania, operating supermarkets and hypermarkets. It is part of the German Schwarz Group and has a significant presence in the Romanian retail market.
Orange Romania: Orange Romania is one of the country's leading telecommunications companies, providing mobile and fixed-line telephony, internet, and television services. It is part of the global Orange Group.
Five largest banks in Romania
Banca Comercială Română (BCR): BCR is the largest bank in Romania in terms of assets and is a subsidiary of Erste Group, a leading European financial institution. It offers a wide range of banking and financial services to individuals and businesses.
BRD - Groupe Société Générale: BRD is a subsidiary of the French banking group Société Générale and is one of the major banks in Romania. It provides various banking products and services, including retail and corporate banking.
Raiffeisen Bank: Raiffeisen Bank is the Romanian subsidiary of Raiffeisen Bank International, an Austrian banking group. It is a significant player in the Romanian banking sector, offering a range of financial services.
BCR Banca pentru Locuințe: BCR Banca pentru Locuințe specializes in housing finance and savings solutions in Romania. It is a subsidiary of Banca Comercială Română (BCR).
OTP Bank Romania: OTP Bank Romania is a subsidiary of OTP Group, a major banking group in Central and Eastern Europe. It offers banking services to both retail and corporate customers in Romania.
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