Romania

Romania: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online


Back to Countries, Click to read the whole article: Romania

Introduction - Romania:
Location - Romania:
People - Romania:
Government - Romania:
Economy - Romania:

Economy overview

Romania began the transition from Communism in 1989 with a largely obsolete industrial base and a pattern of output unsuited to the countrys needs. The country emerged in 2000 from a punishing three-year recession thanks to strong demand in EU export markets. Despite the global slowdown in 2001-02, strong domestic activity in construction, agriculture, and consumption have kept GDP growth above 4%. However, macroeconomic gains have only recently started to spur creation of a middle class and address Romanias widespread poverty, while corruption and red tape continue to handicap the business environment. Romanian government confidence in continuing disinflation was underscored by its currency revaluation in 2005, making 10,000 old lei equal 1 new leu. The economy grew at 6.4% in 2006, the strongest growth in the last decade. Romania joined the European Union on 1 January 2007, and the IMF has praised the countrys recent reform efforts in preparation for EU accession.

Gdp purchasing power parity

$202.2 billion (2006 est.)

Gdp official exchange rate

$80.11 billion (2006 est.)

Gdp real growth rate

7.7% (2006 est.)

Gdp per capita ppp

$9,100 (2006 est.)

Gdp composition by sector

agriculture: 10.1%
industry: 34.7%
services: 55.2% (2006 est.)

Labor force

9.33 million (2006 est.)

Labor force by occupation

agriculture: 31.6%
industry: 30.7%
services: 37.7% (2004)

Unemployment rate

6.1% (2006 est.)

Population below poverty line

25% (2005 est.)

Household income or consumption by percentage share

lowest 10%: 2.4%
highest 10%: 27.6% (2003)

Distribution of family income gini index

28.8 (2003)

Inflation rate consumer prices

6.8% (2006 est.)

Investment gross fixed

25% of GDP (2006 est.)

Budget

revenues: $36.89 billion
expenditures: $39.1 billion; including capital expenditures of $2.2 billion (2006 est.)

Public debt

21.4% of GDP (2006 est.)

Agriculture products

wheat, corn, barley, sugar beets, sunflower seed, potatoes, grapes; eggs, sheep

Industries

textiles and footwear, light machinery and auto assembly, mining, timber, construction materials, metallurgy, chemicals, food processing, petroleum refining

Industrial production growth rate

5.7% (2006 est.)

Electricity production

54.53 billion kWh (2004)

Electricity consumption

49.62 billion kWh (2004)

Electricity exports

3.7 billion kWh (2004)

Electricity imports

2.6 billion kWh (2004)

Oil production

119,000 bbl/day (2005 est.)

Oil consumption

212,000 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

181,100 bbl/day (2004)

Oil proved reserves

955.6 million bbl (1 January 2005)

Natural gas production

11.8 billion cu m (2004 est.)

Natural gas consumption

18 billion cu m (2004 est.)

Natural gas exports

0 cu m (2004 est.)

Natural gas imports

6.2 billion cu m (2004 est.)

Natural gas proved reserves

300 billion cu m (1 January 2005 est.)

Current account balance

-$12.45 billion (2006 est.)

Exports

$33 billion f.o.b. (2006 est.)

Exports commodities

textiles and footwear, metals and metal products, machinery and equipment, minerals and fuels, chemicals, agricultural products

Exports partners

Italy 16.1%, Germany 15.3%, Turkey 7.8%, Hungary 6.4%, France 6.3%, Austria 4.7%, UK 4.5% (2006)

Imports

$46.48 billion f.o.b. (2006 est.)

Imports commodities

machinery and equipment, fuels and minerals, chemicals, textile and products, basic metals, agricultural products

Imports partners

Germany 16.6%, Italy 12.9%, China 11.3%, Russia 6.1%, Hungary 5.8%, France 5.3%, Austria 4.9%, Turkey 4.3% (2006)

Reserves of foreign exchange and gold

$27.88 billion (2006 est.)

Debt external

$42.76 billion (2006 est.)

Currency code

new leu (RON) was introduced in 2005; old leu (ROL) was phased out in 2006; note - because of currency revaluation, 10,000 ROL = 1 RON

Exchange rates

lei per US dollar - 2.809 (2006), 3 (2005), 3 (2004), 3 (2003), 3 (2002)

Communications - Romania:
Transportation - Romania:
Military - Romania:
This page was last updated on 16 September, 2007
Source: CIA >>>


Map of country  Romania on-line :
All cities of country  Romania :
Biggest cities of country Romania :
Photo to article  Romania :



Free IQ test online

An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

Free IQ test online :





Banner on your page · Visitor's book · Besplatnye igry onlajn · Free games online · CZ Hry  · RoboStav
Copyright (c) 2024 by TiptopGlobe.com. All Rights Reserved!


Photo: Romania
Romania



Photo: Romania
Romania



Photo: Romania
Romania



Photo: Romania
Romania



Photo: Romania
Romania



Photogallery (19)


Add photo...


Free IQ test

Games Online