Romania Industry Reports

Expenditure on healthcare in Romania reached RON 35.2bn in 2015, according to data provided by Eurostat. Total expenditure on healthcare was equal to 4.94% of GDP in that year. The Romanian healthcare sector was characterised by the lowest per capita ...

Following a two-year period of growth driven by the general economic expansion and the availability of EU funding, the construction market in Romania experienced a slight shrinkage in 2016, due to a combination of lower construction work volumes in ...

In 2016 the gross value added (GVA) of the Romanian agriculture, forestry and fishing sector reached RON 29,654.2mn and accounted for 4.34% of Romania’s total GVA and 3.89% of GDP. There were 1.726mn persons employed in the sector, which ...

The manufacture of food, beverage and tobacco products in Romania accounted for 5.18% of the whole economy and 23.54% of the manufacturing sector in terms of gross value added in 2015. The market output of food and beverages reached RON 51.96bn in ...

Romania is rich in mineral resources, including fossil fuels, gold, silver, non-ferrous metals and salt. The country has the largest oil and natural gas reserves in Central and Eastern Europe (CEE), however, production levels are not high enough for ...

The automotive sector in Romania experienced significant growth since the privatisation of Dacia in 1999 and became a key pillar of the economy. According to Oxford Economics data, the automotive sector generated 9.5% of the manufacturing value added ...

The rapid economic growth and the rising earnings in Romania are fuelling consumer confidence and spending. This, coupled with supportive policy measures from the government in the form of VAT cuts, is having a significant positive impact on the ...

The insurance sector in Romania remains heavily underdeveloped, with the ratio of gross written premium (GWP) to GDP at 1% for non-life insurance and 0.2% for life insurance. The core of the insurance market continues to be motor vehicle insurance ...

As in any developed or emerging market, financial intermediation in Romania represents an important generator of wealth and stability for the whole economy. With net assets of credit institutions amounting to 51.9% of the GDP, the financial sector ...

According to Romania’s National Institute of Statistics (INS), the share of the “Information and Communications” (IC) services sector in the country’s GDP in 2015 was 5.1%, or around RON 36.3bn. This was up from 4.2% in 2010 ...