Latest reading: Industrial output increased 4.9% year on year in calendar-adjusted terms in April, which was above March’s 1.8% increase....
Industrial Production in Romania
In the year 2024, the industrial production in Romania was -1.69%, compared to 6.22% in 2014 and -2.47% in 2023. It averaged 1.57% over the last decade. For more industry information, visit our dedicated page.
Romania Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Romania from 2014 to 2024.
Source: Macrobond.
Romania Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -9.2 | 6.5 | 0.9 | -2.5 | -1.7 |
Decline in industrial activity softens in March
Latest reading: Industrial output decreased 0.5% in seasonally and calendar-adjusted month-on-month terms in March, which was a less pronounced drop than February's 2.3% decrease. The softer contraction was primarily due to improvements in manufacturing plus mining and quarrying output. That said, energy output contracted. On a seasonally and calendar-adjusted annual basis, industrial production plummeted to 7.7% in March (February: -3.4% yoy), the worst result since June 2020. Moreover, the trend pointed down, with the annual average variation of industrial production coming in at an over one-year low of minus 2.3%, down from February's minus 1.3% reading.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Romanian industry projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Romanian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Romanian industry projections.
Want to get access to the full dataset of Romanian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
-
Cyprus: Industrial output growth speeds up in April -
Sweden: Industrial output rebounds sharply in April Latest reading: Industrial output—excluding energy—recovered following three consecutive monthly declines in April, expanding 3.3% month on month in seasonally and... -
Argentina: Industrial output growth rises in April Latest reading: Industrial output expanded 8.5% compared to the same month of the previous year in April, which was above... -
France: Industrial activity drops at sharpest pace since May 2024 in April Latest reading: Industrial output fell 1.4% in month-on-month seasonally adjusted terms in April, which contrasted March’s 0.1% increase. April’s result... -
Austria: Industrial output growth gains momentum in April Latest reading: Industrial production expanded 2.0% month on month in seasonally adjusted terms in April (March: +0.6% mom s.a.). April’s... -
Bulgaria: Industrial downturn sharpens in April Latest reading: Industrial production nosedived 13.4% year on year in April (March: -9.9% yoy). The figure marked the worst reading... -
Malaysia: Industrial output growth loses pace in April Latest reading: Industrial output increased 2.7% compared to the same month a year earlier in April, which was a deterioration...