Romania GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$382.56

Source: world bank Nominal/PPP
Summary:

Romania GDP Per Capita expanded from 1987 to 2024, increasing from $38.07 to $382.56 .The compound annual growth rate (CAGR) averaged 6.43% over the period. The economy recorded its peak level in 2024 and its lowest level in 1992. Growth volatility remained high. The maximum drawdown reached 39.4%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Romania 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 382.56 dollars$ 928.42 Int dollars
Growth (YoY)10.009%7.335%
Net Change vs Previous Year$ 34.81 dollars$ 63.44 Int dollars
% of World GDP Per Capita0.34%0.47%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Romania GDP | Romania GDP Growth

Romania Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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198738.07-----
198840.422.366.192 %---
198941.451.032.539 %---
199038.25-3.2-7.727 %122.43--
199128.85-9.4-24.569 %110.22-12.21-9.973 %
199225.12-3.73-12.925 %102.85-7.37-6.688 %
199326.361.244.934 %106.94.053.936 %
199430.073.7114.08 %113.476.586.151 %
199537.437.3624.465 %123.079.68.461 %
199636.94-0.49-1.317 %129.916.845.559 %
199735.58-1.36-3.687 %125.47-4.44-3.421 %
199841.76.1217.205 %124.79-0.68-0.544 %
199935.95-5.74-13.773 %125.760.980.783 %
200037.251.33.617 %131.275.54.374 %
200140.43.148.432 %144.3113.059.941 %
200246.075.6714.037 %155.6411.337.849 %
200357.8111.7425.487 %163.117.474.799 %
200474.9717.1729.698 %192.8629.7518.241 %
200598.4523.4831.319 %204.7211.856.145 %
2006122.0223.5723.94 %244.9340.2119.643 %
2007174.5952.5743.078 %286.1641.2416.836 %
2008214.3239.7322.755 %344.6758.5120.445 %
2009174.11-40.21-18.76 %338.76-5.91-1.716 %
2010170.06-4.05-2.324 %351.4212.663.738 %
2011192.6222.5613.266 %378.8527.437.807 %
2012179.12-13.51-7.012 %397.318.454.869 %
2013189.810.685.964 %393.24-4.06-1.021 %
2014199.729.925.228 %410.7817.544.46 %
2015177.89-21.84-10.934 %428.6217.844.342 %
2016185.297.414.163 %470.9842.369.882 %
2017210.1524.8613.415 %527.7856.812.061 %
2018241.7931.6415.058 %572.1944.418.414 %
2019250.088.293.428 %647.4975.3113.161 %
2020250.630.540.218 %658.7511.261.739 %
2021285.0734.4513.744 %717.7358.988.953 %
2022295.3210.253.595 %801.3883.6511.655 %
2023347.7652.4417.757 %864.9863.67.936 %
2024382.5634.8110.009 %928.4263.447.335 %

Romania Economic Phases (1987 - 2024)

From 1987 to 2024, Romania economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Crisis (1991–1992) indicating severe economic downturn
  • High Growth (1994–1995) indicating robust economic expansion
  • Contraction (1996–1997) indicating temporary slowdown
  • High Growth (2001–2008) indicating robust economic expansion
  • High Growth (2013–2014) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2019–2020) indicating steady moderate growth
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 43.078%, while the largest decline was in 1991 at -24.569%.