According to the signal data published by the National Institute of Statistics (INS), in 2022 the economic growth of Romania was 4.8%.

Gross Domestic ProductPhoto: Weerapat Wattanapichayakul | Dreamstime.com

According to the institution, the gross domestic product in the IV quarter of 2022 in real terms was higher by 1.1% compared to the III quarter of 2022;

Compared to the same quarter in 2021, it registered growth of 4.6% on a gross basis and 5% on a seasonally adjusted basis.

What other institutions expected in the latest forecasts

Through the Commission for National Strategy and Forecasting (CNSP), the state recently estimated economic growth of 4.9% in 2022 and 2.8% in 2023.

If we also look at the latest European Commission data released on Monday, 4.5% is expected in 2022 and 2.5% in 2023.

In an October report, the IMF estimated economic growth at 4.8% and 3.1% in 2023.

In its January report, the World Bank forecast 4.6% in 2022 and 2.6% in 2023.

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