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Romania - General economic indicators

Indicator 1996 1997 1998 1999 2000 2001
GDP, ROL billion 108,919.6 252,925.7 371,193.8 539,356.9 800,308.0 1,154,126.0
GDP per capita, ROL '000 4,817.8 11,218.2 16,495.4 24,018.9 35,511.3 51,295
Real GDP growth rate, % 3.9 -6.1 -5.4 -3.2 1.6 5.3
Annual inflation rate, % 38.8 154.8 59.1 54.8 40.7 34.5
Annual unemployment rate, % 6.6 8.9 10.3 11.8 10.5 8.6
Minimal monthly gross salary, ROL 97,000 250,000 350,000 450,000 1,000,000 1,400,000
Average monthly gross salary, ROL 426,610 846,450 1,357,132 2,222,369 3,975,929 5,144,789
Gross external debt stock, USD million 7,208.9 8,584.3 9,322.6 8,742.5 10,200 11,1141
Exchange rate of ROL for 1 USD, end of year 4,035 8,023 10,951 18,255 21,692 29,061
Source: National Institute of Statistics, National Bank of Romania
Note:111 months of 2001

Operational costs

Average gross monthly salary, Euro 165
Public social security as % of the monthly salary* 48
Price of arable land, year 2001 average, Euro per 1,000 sq. m 20-200
Office rent in Bucharest, average, Euro per sq. m/month 5-50
Apartment purchase price in Bucharest, Euro per sq. m 250-2,500
Telephone installation charges, Euro 10
International phone call from Romania, Euro per minute 0.3-1.3
Electricity for industrial use, Euro/kWh 0.04
Electricity for household use, Euro/kWh 0.05
Note: *Including 30% social security fund, 7% health fund, 5% unemployment fund, 3% Social Solidarity Special fund, 2% education fund and 1% Chamber of Labour commission.


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