Romania is ranked among the top ten European Union Member States regarding the number of medium-sized companies with 50 to 249 employees, according to data from Eurostat, the statistical office of the European Union (EU).
In 2021, among EU member states, the highest average annual adjusted full-time salary was in Luxembourg (EUR72,200), Denmark (EUR63,300) and Ireland (EUR50,300), and the lowest in Bulgaria (EUR10,300), Hungary (EUR12,600) and Romania (EUR13,000), according to a report by Eurostat, the statistical office of the European Union (EU).
Romania had the one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta (5.2%) and Portugal (4.9%), as per data released Wednesday (Dec 7) by Eurostat, the statistical office of the European Union.
Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta (5.2%) and Portugal (4.9%), as per data released Wednesday (Dec 7) by Eurostat, the statistical office of the European Union.
The prices of the products leaving the factory gates grew by 31.2% in the European Union (EU) and by 30.8% in the euro zone, in October 2022 compared to the same period of 2021, in line with data from Eurostat, the statistical office of the European Union.
With a crop of 9.18 million tons of wheat harvested from 2.1 million hectares Romania placed fourth in the European Union (EU) in 2022, data from Eurostat, the statistical office of the European Union, showed on Friday (Dec 2).
Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57%), Eurostat data based on the prices in local currencies show.
Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU), as per data from the EU’s statistical office Eurostat.
The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line with data from Eurostat, the statistical office of the European Union, on Thursday (August 18).
Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European Union.
In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union.
Romania ranks among the last European Union Member States regarding the minimum wage in January 2022, data from Eurostat, the statistical office of the European Union, showed on Friday.
With a R&D intensity of 0.5% of the gross domestic product (GDP), Romania ranks last among European Union Member States, data from Eurostat, the statistical office of the European Union, showed on Monday.
Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, data from Eurostat, the statistical office of the European Union, showed Wednesday.
Romania ranks fifth among European Union Member States regarding the annual inflation rate, with consumer prices increasing by 5.2% in September 2021 compared to September 2020, based on the Harmonized Index of Consumer Prices (HICP), according to Eurostat data.
In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the statistical office of the European Union. In the first quarter of 2021, GDP had declined by 0.3% in the euro area and 0.1% in the EU.
Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical office of the European Union, showed Friday.
In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, according to data from Eurostat, the statistical office of the European Union.
Romania, Bulgaria and Poland have the lowest price levels for consumer goods, half the European average, while Denmark, Ireland and Luxembourg have the highest price levels, way above the EU average, data from Eurostat, the statistical office of the European Union, showed Tuesday.
Romania’s government debt reached 4.2% of the gross domestic product (GDP) in the fourth quarter of 2020, compared with the third quarter of 2020, being the country with one of the largest increases in government debt-to-GDP ratio, during the mentioned period, per data from Eurostat, the statistical office of the European Union.