Romania Gross Domestic Product (GDP) by Year (1987–2023)

Romania’s GDP highlights its transition from a communist command economy to a dynamic market economy. GDP was $38 billion in 1987, but economic restructuring during the 1990s caused fluctuations, with GDP falling to $25.1 billion in 1992. However, EU membership in 2007 significantly boosted growth, with GDP surging from $122 billion in 2006 to $214.3 billion in 2008.

Following the global financial crisis, Romania’s GDP recovered strongly, reaching $351 billion in 2023. Key contributors include agriculture, IT, and automotive manufacturing, as well as foreign investments spurred by EU structural funds.