Goods and services expense in Romania
Romania: Goods and services expense was 66.94 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Romania, 1980–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Romania recorded 66.94 billion current LCU for goods and services expense in 2024. That is the highest value across all 45 years on record.
The figure is up 13.0% on the previous year and up 188.5% over ten years.
Over the whole period, goods and services expense in Romania peaked at 66.94 billion current LCU in 2024 and was at its lowest, 2.38 million current LCU, in 1980.
That places Romania 67th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.80 million current LCU | 2.38 million current LCU | 10.47 million current LCU | 10 |
| 1990s | 907.33 million current LCU | 3.54 million current LCU | 4.47 billion current LCU | 10 |
| 2000s | 12.56 billion current LCU | 6.22 billion current LCU | 21.23 billion current LCU | 10 |
| 2010s | 23.65 billion current LCU | 17.80 billion current LCU | 34.81 billion current LCU | 10 |
| 2020s | 49.84 billion current LCU | 34.87 billion current LCU | 66.94 billion current LCU | 5 |
Countries ranked near Romania
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Tax revenue 16.2% (2024)
- Taxes on income, profits and capital gains 17.7% (2024)
- Taxes on goods and services 32.7% (2024)
- Net investment in nonfinancial assets 3.0% (2024)
- Net lending (+) / net borrowing (-) -8.8% (2024)
- Interest payments 7.3% (2024)
- Grants and other revenue 13.1% (2024)
- Interest payments 3.9% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is goods and services expense in Romania?
- Goods and services expense in Romania was 66.94 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Romania?
- The highest recorded value was 66.94 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Romania?
- The lowest recorded value was 2.38 million current LCU in 1980.
- How does Romania rank for goods and services expense?
- Romania ranks 67th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Romania?
- Over the last ten years it is up 188.5%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.