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INS Revised Economic Growth From 2024 to 1.1%. What Supported the Advance (Definitive Data)

Summary by Digi 24
Romania's economy grew by 1.1% in real terms in 2024, compared to the previous year, according to definitive data published by the National Institute of Statistics (INS). The advance was revised upwards from the semi-definitive estimate, which indicates an increase of 0.9%. Household consumption had the greatest positive contribution, while investment and foreign trade resulted downwards.

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Center

Romania's economy grew by 1.1% in real terms in 2024, compared to the previous year, according to definitive data published by the National Institute of Statistics (INS). The advance was revised upwards from the semi-definitive estimate, which indicates an increase of 0.9%. Household consumption had the greatest positive contribution, while investment and foreign trade resulted downwards.

·Bucharest, Romania
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Lean Left

The Gross Domestic Product in 2024 increased by 1.1% in real terms compared to 2023, announces, Friday, the National Institute of Statistics (INS).

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INS revised by 0.2 percentage points the estimate for Romania's economic advance in 2024, at 1.1%, according to definitive data published on Friday by the National Institute of Statistics.

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The Romanians spent more in 2024, and household consumption had the largest contribution to the growth of the economy, in a year when investment and exports fell. Definitive data published by the National Institute of Statistics (INS) shows an economic advance of 1.1% compared to 2023, over the increase of 0.9% indicated by the semi-definitive estimate.The value [...] Article Population consumption supported the economic growth of 2024. Definiti…

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The estimated Gross Domestic Product for 2024 was 1,767.517 billion lei at current prices, increasing – in real terms – by +1.1% compared to 2023, according to the final data published today by the National Institute of Statistics. The data has been revised upwards, from the previous estimate of 0.9%.   INS specifies […]

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News.ro broke the news on Friday, October 9, 2026.
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