CNP estimates new economic growth of 6.1 pct for Romania in 2017

Newsroom 03/11/2017 | 10:23

The National Commission of Prognosis (CNP) estimated a new economic growth of Romania in 2017, of 6.1 percent of GDP compared to the previous estimation of 5.6 percent.

According to the commission, Romania’s GDP will reach RON 842.5 billion compared with the preliminary estimation of RON 837.1 billion.

The GDP per capital is estimated at RON 43,010 compared with the preliminary estimation of RON 42,734. In 2018 it will reach RON 46,617 and it will grow to RON 58,858 by 2021. CNP maintained the growth forecast in the next three years to 5.5 percent, 5.7 percent for both 2019 and 2020.

The International Monetary Fund (IMF) and World Bank also estimated a higher economic growth in Romania in 2017 and 2018.

IMF recently published the “World Economic Outlook” report in which they estimated an increase of 5.5 percent compared to the previous estimation of 4.2 percent. The World Bank also stated that Romania could exceed its own economic potential.

Teodora Marinescu

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