Economy | 13 February, 2026 at 10:30 AM
Romania enters technical recession
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Romania's trade deficit decreased by €673 million to €32.7 billion in 2025, representing a 2% improvement compared to 2024, according to data published by the National Institute of Statistics (INS).
Romania's final electricity consumption fell by 0.7% in the first 11 months of 2025 compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
Romania's industrial production fell 1.1% as a gross series and 0.5% as a seasonally adjusted series in the first 11 months of the year compared to the same period in 2024, according to the National Institute of Statistics (INS).
Romania's annual inflation rate decreased to 9.69% in December from 9.76% in November, according to data published by the National Institute of Statistics (INS).
Romania's trade balance deficit (FOB/CIF) for January-November 2025 reached €29.77 billion, down €299.6 million (-1.0%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
The National Institute of Statistics (INS) has revised the economic performance for the first nine months of 2025.
Romanian business managers across key sectors forecast a moderate decline in economic activity for December 2025 to February 2026, according to the latest survey from the INS.
Romania's economy grew 0.8% on the gross series and 1.4% on the seasonally adjusted series in the first nine months of 2025 compared to the same period in 2024.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
Romania's construction work volume increased by 9.3% in the first nine months compared to the same period in 2024, according to data from the National Institute of Statistics (INS).
The annual inflation rate, measured by the Consumer Price Index (CPI), reached 9.8% in October 2025, according to the National Institute of Statistics.
New orders in the total manufacturing industry (domestic and foreign markets) saw a nominal decrease in August 2025, falling by 28.5% compared to July 2025.
The volume of construction works increased by 9.7% in the first eight months of 2025 compared to the similar period in 2024, according to the gross series data from INS.
Romania's crude oil production decreased by 7.7% in the first eight months of 2025, while imports rose by 19.2%.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.
Romania's crude oil production reached 1.46 million tonnes of oil equivalent (toe) in the first seven months of this year, a decrease of 119,600 toe (7.6%).
Foreign direct investment (FDI) in Romania experienced a notable reduction in 2024, according to data compiled by the National Bank of Romania (BNR) and INS.
The volume of construction works grew by 12.2% in unadjusted terms and by 10.7% as a seasonally and working-day adjusted series in the first seven months of 2025 versus the same period of last year, according to the National Institute of Statistics (INS).
Romania's annual inflation rate rose to 9.9% in August, up from 7.84% in July, driven by growth of prices for non-food goods (10.48%), services (9.85%), and food products (8.92%).
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Romania's economy grew by 0.6% in 2025 but ended the year in a technical recession.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).