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

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

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Romania (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Romania
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Romania’s industry sector contribution fluctuated from a high of 45.9% in 1990, declining due to post-communist restructuring and economic liberalization. Despite initial declines, a resurgence in the early 2000s saw contributions reach 40.2% by 2011, boosted by EU integration and foreign investment in manufacturing. However, the industry’s share decreased gradually, stabilizing around 28-30% in recent years. By 2022, the contribution was 28.9%, reflecting Romania’s strong industrial base balanced with increased focus on IT and services, aligning with EU economic trends toward digital transformation.

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