Forex Trading in Romania

Romania, located in Central Europe, has an area of 238,400 km2. Romania, with a population of 19,186,201 people, is ranked 61st in the population table, composed of 196 countries, and has a moderate population density of 80 inhabitants per square kilometer.

Its capital is Bucharest and its currency is Romanian Leis. Romania is the 47th largest economy by GDP. Its public debt in 2020 was 102,531 million euros, with a debt of 47.3% of GDP. Its per capita debt is €5,344 per capita.

The latest published annual rate of change of the CPI in Romania is from June 2021 and was 3.9%. There are some variables that may help you to know something more if you are going to travel to Romania or just want to know more about the standard of living of its inhabitants.

GDP per capita is a very good indicator of the standard of living and in the case of Romania, in 2020, it was €11,290, with which it ranks 61st in the ranking and its inhabitants have a low standard of living in relation to the rest of the 196 countries in the GDP per capita ranking. In addition, the average salary of Romanians is one of the lowest in the world.

As for the Human Development Index or HDI, prepared by the United Nations to measure the progress of a country and which ultimately shows us the standard of living of its inhabitants, indicates that Romanians are in 49th place.

If the reason for visiting Romania is business, it is useful to know that Romania is ranked 52nd out of the 190 that make up the Doing Business ranking, which classifies countries according to the ease of doing business. As for the Corruption Perception Index of the public sector in Romania was 44 points, so it is in 69th place in the corruption perception ranking made up of 179 countries.

In the tables at the bottom of the page you can find more information about the economy and demographics of Romania and if you want to see information about any other country you can do it from economy countries.