Income Per Capita Romania

World bank estimated that in 2002 99 of the urban and 94 of the rural population had access to electricity.

Income per capita romania. Romania has growing middle and upper classes with relatively high per capita income. Romania gni per capita for 2018 was 11 430 a 13 06 increase from 2017. Romania gni per capita for 2017 was 10 110 a 4 77 increase from 2016. This article was initially published in january 2017 but it has been rewritten and updated ever since to keep up with the increasing salaries in romania and i will continue to keep it up to date.

Gdp per capita ppp in romania averaged 17561 81 usd from 1990 until 2019 reaching an all time high of 29909 usd in 2019 and a. The updated data on gni per capita data for 2019 can be accessed here. The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita. This page provides the latest reported value for.

The world bank classified romania as a high income country for the first time based on the 2019 data per capita income of 12 630. The gdp per capita in romania is equivalent to 96 percent of the world s average. Romania gni per capita for 2016 was 9 650 a 0 increase from 2015. Data learn how the world bank group is helping countries with covid 19 coronavirus.

The gross domestic product per capita in romania was last recorded at 12131 40 us dollars in 2019. Gdp per capita in romania averaged 7123 27 usd from 1990 until 2019 reaching an all time high of 12131 40 usd in 2019 and a record low of 4349 90 usd in 1992. Romania gni per capita for 2019 was 12 630 a 10 5 increase from 2018. If a person earns on average 3 000 euros per month most likely prices in that country are higher than they are in one where the average person earns 500 euros per month.

Gdp per capita ppp current international romania moldova hungary serbia bulgaria ukraine from the world bank. Romania s annual household income per capita reached 5 246 721 usd in dec 2019 compared with the previous value of 4 966 492 usd in dec 2018. Romania s annual household income per capita data is updated yearly available from dec 2001 to dec 2019 with an averaged value of 3 028 182 usd. This is an important development for investment rating decisions and for accession negotiations to the organisation for economic co operation and development.

The data reached an all time high of 5 246 721 usd in dec 2019 and a record low of 746 832 usd in dec 2001. In 2004 91 of the urban and only 16 of the rural population had access to improved water supply and 94 of the urban population had access to improved sanitation. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. Revisions to national accounts methods and data can also influence gni per capita.