Agriculture Sector Contribution to GDP in Romania (1990-2022)

Agriculture Sector Contribution to GDP in Romania (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Romania (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Romania
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Romania’s agriculture sector contribution to GDP has seen significant fluctuations, starting at 21.8% in 1990 and declining to around 4.5% by 2022. The steep reduction during the early 2000s reflects Romania’s economic transition post-communism and gradual integration with the European Union, leading to an industry-focused economy. EU accession in 2007 further accelerated the shift towards services and industry, with agriculture’s GDP share dropping notably to 5.5% by 2007.

In recent years, agriculture's share has stabilized around 4-5%, despite occasional increases, such as 6.0% in 2011. These fluctuations may reflect Romania's ongoing efforts to modernize its agriculture sector while retaining a significant rural population reliant on farming.

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