Romania has registered the sixth highest growth rate of gross domestic product (GDP) year-on-year among the 28 European Union member states, being outpaced by most of its rivals in the eastern wing of the EU, according to Eurostat data, quoted by Business-Review.eu. On Friday, the National Institute of Statistics (INS) has announced that Romania’s GDP, the index widely used to measure the size of national economies, rose by 4.1 percent in the second quarter of this year compared with the same period from 2017, to RON 218.8 billion (EUR 47 billion).
In seasonally adjusted series, the growth rate was slightly higher – 4.2 percent.
Eurostat data show that Romania has registered the sixth highest GDP growth rate in the EU, after Malta (5.7 percent), Poland (5 percent), Hungary (4.6 percent), Latvia (4.4 percent), and Slovenia (4.3 percent).
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