The National Institute of Statistics (INS) has revised upwards the performance of the economy in the period 1 January-30 September 2025, which rose by 0.9% on the unadjusted series and by 1.5% on the seasonally adjusted series compared with the same period in 2024, according to provisional data (II) published on Friday.
On 5 December, INS had announced that Romania's economy grew by 0.8% on the unadjusted series and 1.4% on the seasonally adjusted series in the first nine months of 2025 compared with the same period in 2024, while in Q3 2025 Gross Domestic Product declined in real terms by 0.2% compared with the previous quarter, according to provisional data (I).
INS data show that seasonally adjusted GDP estimated for Q3 2025 stood at RON 486.793 billion at current prices, down 0.2% in real terms compared with the previous quarter and up 1.5% year on year.
GDP estimated for the period 1 January-30 September 2025 amounted to RON 1,416.05 billion at current prices, up 1.5% in real terms compared with the same period of 2024.
As unadjusted series, GDP estimated for Q3 2025 was RON 518.092 billion at current prices, up 1.7% in real terms compared with Q3 2024.
The GDP estimated for the period 1 January-30 September 2025 totalled RON 1,339.921 billion at current prices, up 0.9% in real terms compared with the same period of 2024.
Compared with provisional estimate (I), in Q3 2025 the provisional estimate (II) shows GDP increasing by 0.1 percentage points compared with the previous estimate (from 101.6% to 101.7%), while the growth of gross value added (GVA) rose by 0.1 percentage points (from 101.7% to 101.8%).
According to INS, the volume of gross value added by activity recorded more notable changes between the two estimates as follows: agriculture, forestry and fishing saw an increase in contribution from +0.5% to +0.6%, while activity volume was unchanged (109.2%); industry maintained the same contribution to GDP growth (+0.2%), while activity volume increased by 0.1 percentage points (from 101.1% to 101.2%); construction also maintained the same contribution (+0.8%), with activity volume up by 0.1 percentage points (from 112.1% to 112.2%); wholesale and retail trade, repair of motor vehicles and motorcycles, transport and storage, and hotels and restaurants saw their contribution rise from +0.1% to +0.2%, with activity volume increasing by 0.5 percentage points (from 100.4% to 100.9%).
From the GDP use perspective, significant changes in contributions to GDP growth in Q3 2025 between the two estimates were recorded for: final consumption expenditure of households, from +0.1% to +0.5%, following a 0.6 percentage point increase in volume (from 100.2% to 100.8%); individual final consumption expenditure of general government, from +0.2% to +0.4%, following a 3.4 percentage point rise in volume (from 102.7% to 106.1%); collective final consumption of general government, from +0.3% to -0.4%, following a 7.1 percentage point decline in volume (from 103.2% to 96.1%); and gross fixed capital formation, from +2.7% to +1.6%, due to a 3.3 percentage point drop in volume (from 108.3% to 105.0%).
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