Romania's 2020 GDP decrease estimated at minus 4.4pct
Romania's National Commission for Strategy and Prognosis has downwardly adjusted the country's Gross Domestic Product (GDP) 2020 estimates to minus 4.4%, versus minus 3.8% in its autumn forecasts.
"Sectoral developments (...), as well as the wider contraction in the agricultural sector, to which a slower rebound at international level was added, have contributed to our downward adjustment of the Gross Domestic Product, which is now estimated to reach a value of 1,040.8 billion lei in 2020 and an annual dynamic of -4.4%," reads a note on developments of the main macroeconomic indicators in the Romanian economy in 2020-2024.
Agerpres 19.01.2021
