This information comes from the assessment conducted in country for the Romania report, which was published in January 1999.
Romania’s transition to a market economy has been protracted and painful. The legacy of the communist regime, extreme centralization, a high degree of bureaucracy, and no experience with partial reforms such as those undertaken in other Central European economies during the 1980s left Romania with one of the longest paths toward a market economy.
Key Development Data & Statistics
Year
Latest Data
External debt stocks (% of GNI)
2007
85.4
GDP (current US$) (billions)
2007
166.0
GNI per capita, Atlas method (current US$)
2007
6,390
Population, total (millions)
2007
21.6
Population growth (annual %)
2007
0
Exports (current US$) (billions)
2008
59.8
Imports (current US$) (billions)
2008
92.1
Top Exports: machinery and equipment, textiles and footwear, metal products
Top Imports: machinery and equipment, fuels and minerals, chemicals
Source: World Bank Group 2009, CIA World Factbook 2009
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