Romania's economy grew by 0.7% in real terms last year compared to 2024, but in the last quarter of 2025, the Gross Domestic Product (GDP) was 1.8% lower compared to the previous quarter, according to the provisional II data published on Thursday by the National Institute of Statistics (INS).
Previously, in the interim data I, INS announced that in the last quarter of 2025 the Gross Domestic Product (GDP) was 1.9% lower compared to the previous quarter.
Gross Domestic Product – seasonally adjusted data – estimated for the IV quarter of 2025 was 496,303 billion lei at current prices, down – in real terms – by 1.8% compared to the III quarter of 2025 and down by 1.4% compared to the IV quarter of 2024.
On a gross series, the estimated gross domestic product for 2025 was 1,916.404 billion lei at current prices, an increase – in real terms – of 0.7% compared to 2024. The estimated gross domestic product for Q4 2025 was 573.630 billion lei at current prices, an increase – in real terms – of 0.2% compared to Q4 2024.
„Regarding contributions to GDP growth by resource categories for 2025, there were generally no changes compared to the version published in Press Release no. 54 of March 6, 2026: agriculture, forestry, and fishing recorded the same contribution to GDP growth (+0.2%), and the volume of activity did not change compared to the previous estimate (106.6%).
Industry did not contribute to GDP growth (0.0%) in the two estimates, and the volume of activity did not change compared to the previous estimate (99.8%); construction recorded the same contribution to GDP change (+0.5%) between the two estimates, and the volume of activity changed compared to the previous estimate by -0.1 percentage points (from 107.0%to 106.9%); wholesale and retail trade; repair of motor vehicles and motorcycles; transport and storage; hotels and restaurants, from -0.1%to 0.0% , as a result of a change in the volume of activity by +0.1 percentage points (from 99.7% to 99.8% ), the statement shows, according to Agerpres.
According to INS, information and communications recorded the same contribution to GDP growth (+0.3%) in both estimates, and the volume of activity did not change compared to the previous estimate (104.1%). Financial intermediation and insurance also did not contribute to GDP growth (0.0%) in either estimate, and the volume of activity did not change compared to the previous estimate (99%). Similarly, real estate transactions did not contribute to GDP growth (0.0%) between the two estimates, and the volume of activity did not change compared to the previous estimate (100.6%).
Professional, scientific, and technical activities; administrative and support services activities recorded the same contribution to GDP change (-0.3%) in both estimates, and the volume of activity remained unchanged compared to the previous estimate (96.0%).
„Public administration and defense; public social security; education; health and social services, did not contribute to GDP growth (0.0%), and the volume of activity did not change compared to the previous estimate (99.7%); performing arts, entertainment, and recreational activities; repair of household goods and other services did not contribute to GDP growth (0.0%) between the two estimates, and the volume of activity changed by +0.1 percentage points compared to the previous estimate (from 100.4%to 100.5% )”, the statement also shows.
In 2025, the GDP dynamic did not change in the second provisional estimate compared to the first provisional estimate, standing at 0.7%.
The volume of net taxes on product decreased by 0.1 percentage points in the provisional version (2) compared to the provisional version (1), from 101.0%to 100.9%.
„From the perspective of GDP usage, changes in the contribution to GDP growth in 2025, between the two estimates, were registered by: household final consumption expenditure, from +0.4%to +0.3%, as a result of the decrease in its volume by 0.1 percentage points from 100.6%to 100.5%; general government individual consumption expenditure, from 0.0%to +0.1%, as a result of the increase in its volume by 1.3 percentage points from 99.7%to 101.0%; general government actual collective consumption, from -0.3%to -0.6%, as a result of the decrease in its volume by 2.2 percentage points from 96.8%to 94.6%; gross fixed capital formation, from +1.0%to +0.9%, as a result of the decrease in its volume by 0.7 percentage points from 104.1%to 103.4%,” the statement also mentions.