Romania’s GDP could exceed EUR 200 bln at the end of this decade

Romania’s economy could exceed for the first time a threshold of EUR 200 billion at the end of this decade, if the growth pace maintains in the next 2-3 years. The GDP exceeded another threshold of EUR 150 billion in 2014. Last year, the economy saw an increase of 3.8% to EUR 160.4 billion. The GDP growth will accelerate to 5% this year and could remain at this level until 2018, when the advance will amount to 4%, according to a report by Andrei Radulescu, Banca Transilvania senior economist. In 2018, Romania’s GDP will reach almost EUR 192 billion, reads his report. The economy could thus exceed EUR 200 billion in 2019, or 2020 at the latest, if Romania manages to keep the growth rates estimated by Banca Transilvania by 2018. editor@romania-insider.com