Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by Eurostat, the EU's statistical office.
The seasonally adjusted gross domestic product (GDP) grew by 1.4% in the European Union (EU) in the first quarter of 2025 compared with the same period of 2024, with significant variations between the EU Member States, according to a flash estimate published by Eurostat, the EU's statistical office, on Thursday (May 15).
Romania posted the highest annual inflation rate, of 5.1%, among European Union (EU) Member States, in March 2025, data from Eurostat, the bloc's statistical office, showed on Wednesday (April 16).
The European Union member states with the highest current account deficit in the fourth quarter of 2024 were Romania (minus EUR9.4 billion, compared with minus EUR8.5 billion in the third quarter of 2024) and Greece (minus EUR7.3 billion), as per the latest report by the European Statistical Office (Eurostat).
Romania ranked 19th among the 27 EU member countries by GDP per capita expressed as purchasing power parity (PPP) in 2024, the same as Poland and Estonia, Eurostat preliminary data show.
Romania posted the second-highest annual inflation rate, of 5.2%, among European Union (EU) Member States, in February 2025, with Hungary ranking first, with a 5.7% rate, and Estonia placing third with 5.1%, data from Eurostat, the bloc's statistical office, showed on Wednesday (March 19).
Romania posted the second-highest annual inflation rate, of 5.3%, among European Union (EU) Member States, in January 2025, being followed by Croatia with 5%, data from Eurostat, the bloc's statistical office, showed on Monday (Feb.24).
Romania had the highest annual inflation rate, of 5.4%, among European Union Member States, in November 2024, data from Eurostat, the statistical office of the European Union (EU), showed on Thursday (Dec.19).
Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia with 12.6%, according to data published by EU's Statistical Office, Eurostat, on Dec. 16, 2024.
Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%), according to data published by EU's Statistical Office (Eurostat) on Oct 22.
Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thursday (October 17).
Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in August 2024, in line with data provided by Eurostat, the statistical office of the European Union, on Wednesday (Sept 18).
The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statistical office of the European Union.
Romania had the highest annual inflation rate, of 5.8%, among European Union Member States, for the fifth consecutive month, in May 2024 compared to April 2024, data from Eurostat, the statistical office of the European Union, showed on Tuesday (June 18).
In 2023, the actual weekly working hours for people aged 20-64 in their main job, across the European Union, averaged 36.1 hours, according to the latest survey by Eurostat, the European Statistics Office.
In 2023, European Union Member States imported 163,700 tons of natural honey worth a total of EUR359.3 million, from countries located outside the EU bloc, as per data released by the European Statistics Office (Eurostat) on Monday (May 20).
Romania had one of the government deficit to Gross Domestic Product ratios in the European Union in 2023, 6.6%, behind only Hungary and Italy, while its government debt to GDP ratio was lower than the EU average in the fourth quarter, despite having seen one of the highest annual increases, data from Eurostat, EU’s statistical office, published on Monday show.
Romania had the highest annual inflation rate, of 6.7%, among European Union Member States, in March 2024, data from Eurostat, the statistical office of the European Union, showed on Wednesday (April 17).