Romania's gross domestic product (GDP) took an annual plunge of 6% in the third quarter of 2020, compared with the same period in 2019, a flash estimate from the country’s statistics board showed Friday.
The International Monetary Fund estimates Romania's economy will contract by 4.8% this year, a slightly milder contraction compared with the 5% estimated in April, according to the latest World Economic Outlook released Tuesday.
Romania's gross domestic product grew 4.5% in real terms in 2018 compared with 2017, final data from the country's statistics board showed Friday.
Romania's gross domestic product took an annual plunge of 10.2% in real terms in the second quarter, less than the previously estimated 10.5%, a second reading from the country’s statistics board showed Friday.
Romania's foreign exchange reserves dropped to EUR32.588 billion at the end of September from EUR35.768 billion at the end of August, central bank data showed Thursday.
Romania's general consolidated budget posted a deficit of RON54.77 billion in January-August 2020, or 5.18% of the gross domestic product, more than half of which was due to financial measures taken by the government to fight the Covid-19 outbreak, finance ministry data showed Tuesday.