What happened with the Romanian economy in the last five years?
Answer Romania continues its march toward complete privatization and integration within the European market. The most influential indicators are listed below: • GDP: USD 218.9 billion (IMF 2007 est.) and increasing • 75% of economic output from the private sector • 70% of companies experienced profit growth in last 3 years • Profit margins in Romania are higher than in Poland and Hungary • Growth factors include: private consumption, consumer credit, corporate investment and exports • Main indicators of Romania’s economy: • Romania’s GDP over 2005–2007 is expected to go up by 10 billion dollars per year.
