Lewes, DE -- (SBWIRE) -- 12/18/2017 -- As per International Monetary Fund (IMF) Romania's nominal gross domestic product is expected to grow at a CAGR of 6.45% from it's 2015 level of RON 711.103 billion and reach RON 1101.59 billion by 2022.

Romania, formerly spelled as Roumania and Rumania, is a country located at the crossroads of Southeastern and Central Europe, on the Lower Danube, north of the Balkan Peninsula and the western shore of the Black Sea. Romania shares a border with Hungary and Serbia to the west, Ukraine and Moldova to the northeast and east, and Bulgaria to the south. At around 92,043 square miles, Romania is the 9th largest country of the European Union by area, and has the 7th largest population of the European Union. Its capital and largest city is Bucharest, which is the 6th largest city in the European Union.

Romania had population of 19.76 million in the year 2016 and expected to reach 19.04 million by 2022. Romanias around 6 million population was employed in 2016, Romanias real gross domestic product (GDP) was around RON 631.084 billions in 2016 whereas the nominal GDP was RON 759.228 billions. This resulted in GDP deflator 120.305. Per capita GDP was at USD 9465.42 whereas purchasing power parity (PPP) based per capita GDP was at USD 22347.88.

In 2016, Romania governments revenue was RON 220.783 billions whereas the expenditure was RON 239.082 billions. This resulted Romania governments net lending / borrowing negative at RON 18.299 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Romania was negative at USD 4.56 billions for the year 2016 and is expected to decline at a CAGR of 18.22% and reach USD 6.96 by 2022. This negative current account balance indicates the Romania is a net borrower from the whole world.

Scope of the Romania PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Romania.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Romania.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Romania.
- These reports provide risk analysis for Romania.

For more information and to purchase Romania PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/romania-pestel-analysis-market-research-report

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