Romanian economy expands 0.9% in first nine months of 2025

Business Forum
The National Institute of Statistics (INS) has revised the economic performance for the first nine months of 2025, following the publication of the second set of provisional data on Friday.

According to the latest figures, the GDP increased by 0.9% on an unadjusted series and by 1.5% on a seasonally adjusted basis compared to the same period in 2024.

This update follows a previous report on 5 December, which had estimated a more modest growth of 0.8% on the unadjusted series and 1.4% on the seasonally adjusted series for the first nine months of the year.

For the period covering January to September 2025, the estimated GDP reached RON 1,339.921 billion (€263.43 billion) on an unadjusted basis. When adjusted for seasonal factors, the nine-month total was estimated at RON 1,416.05 billion (€278.40 billion).

In Q3 2025, the Romanian economy experienced a slight contraction in real terms, with a 0.2% decrease compared to the previous quarter. However, when compared to the third quarter of 2024, the GDP grew by 1.7% on an unadjusted series and by 1.5% on a seasonally adjusted series.

The unadjusted GDP for the third quarter of 2025 was estimated at RON 518.092 billion (€101.86 billion). On a seasonally adjusted basis, the figure for the same quarter stood at RON 486.793 billion (€95.70 billion).

 

RECOMMENDED
INS revises Romanian H1 2025 growth to 0.3%
Economy

INS revises Romanian H1 2025 growth to 0.3%

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.

IMF cuts growth forecast for Romania
Economy

IMF cuts growth forecast for Romania

The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.

Romanias inflation soars to 9.9% in August
Economy

Romania's inflation soars to 9.9% in August

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%).

RECOMMENDED FROM THE HOME PAGE
Electro-Alfa plans IPO on BVB
Finance

Electro-Alfa plans IPO on BVB

Electro-Alfa International, a Romanian electrical equipment manufacturer, has announced plans for an Initial Public Offering (IPO) on the Bucharest Stock Exchange (BVB).

Industry

Life sciences M&A surges 81% as big pharma hunts for growth, says EY

Global life sciences M&A activity increased by 81% in 2025 to $240 billion, driven by Big Pharma's large-scale deals, despite fewer overall transactions. The surge reflects companies prioritising innovations ready for launch as they face widening growth gaps.

Finance

Romania launches first 2026 Fidelis bond IPO on stock exchange

Romania's Ministry of Finance will conduct its first public offering of Fidelis government bonds for 2026 between January 16 and 23 on the Bucharest Stock Exchange. This marks the 32nd offering since the Fidelis program resumed in July 2020.

READ MORE
Business Forum  |  16 January, 2026 at 5:00 PM
Business Forum  |  16 January, 2026 at 4:13 PM