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Romania Economy
GDP:
purchasing power parity - $155 billion (2003 est.)
GDP - real growth rate:
4.9% (2003 est.)
GDP - per capita:
purchasing power parity - $7,000 (2003 est.)
GDP - composition by sector:
agriculture: 13.1%
industry: 38.1%
services: 48.8% (2003)
Investment (gross fixed):
22.5% of GDP (2003)
Population below poverty line:
44.5% (2000)
Household income or consumption by percentage share:
lowest 10%: 3.2%
highest 10%: 25% (1998)
Distribution of family income - Gini index:
31.1 (1998)
Inflation rate (consumer prices):
15.3% (2003)
Labor force:
9.28 million (2003 est.)
Labor force - by occupation:
agriculture 41.4%, industry 27.3%, services 31.3% (2000)
Unemployment rate:
7.2% (2003)
Budget:
revenues: $17.06 billion
expenditures: $18.38 billion, including capital expenditures of NA (2003 est.)
Public debt:
25.5% of GDP (2003)
Industries:
textiles and footwear, light machinery and auto assembly, mining, timber, construction materials, metallurgy, chemicals, food processing, petroleum refining
Industrial production growth rate:
2.3% (2003)
Electricity - production:
50.86 billion kWh (2001)
Electricity - production by source:
fossil fuel: 62.5%
hydro: 27.6%
other: 0% (2001)
nuclear: 9.9%
Electricity - consumption:
46.1 billion kWh (2001)
Electricity - exports:
1.6 billion kWh (2001)
Electricity - imports:
400 million kWh (2001)
Oil - production:
127,500 bbl/day (2001 est.)
Oil - consumption:
215,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
1.055 billion bbl (1 January 2002)
Natural gas - production:
14.3 billion cu m (2001 est.)
Natural gas - consumption:
19.7 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
5.4 billion cu m (2001 est.)
Natural gas - proved reserves:
111.1 billion cu m (1 January 2002)
Agriculture - products:
wheat, corn, barley, sugar beets, sunflower seed, potatoes, grapes; eggs, sheep
Current account balance:
$-3.368 billion (2003)
Exports:
$17.63 billion f.o.b. (2003 est.)
Exports - commodities:
textiles and footwear, metals and metal products, machinery and equipment, minerals and fuels, chemicals, agricultural products
Exports - partners:
Italy 23.5%, Germany 15.5%, France 7.3%, UK 6.2%, Austria 4.4%, Turkey 4.3%, US 4.1% (2003 est.)
Imports:
$22.17 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and equipment, fuels and minerals, chemicals, textile and products, basic metals, agricultural products
Imports - partners:
Italy 19.8%, Germany 17.5%, France 7.5%, Russia 7.1%, Austria 5.2% (2003 est.)
Reserves of foreign exchange & gold:
$10.37 billion (2003)
Debt - external:
$18.34 billion (2003 est.)
Currency:
leu (ROL)
Currency code:
ROL
Exchange rates:
lei per US dollar - 33,200.1 (2003), 33,055.4 (2002), 29,060.8 (2001), 21,708.7 (2000), 15,332.8 (1999)
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