Romania: Imports of goods and services (% of GDP)
In , Romania's Imports of goods and services (% of GDP) was 41.61.
That's down 5.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Romania ranks #81 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #36 of 49.
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 50.44
- Trough
- 32.45
- 1-year change
- -5.7%
- 5-year change
- -6.6%
- -1.4% / yr
- 10-year change
- -0.7%
- -0.1% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 41.6120 | |
| 44.1307 | |
| 50.4365 | |
| 46.3768 | |
| 41.3905 | |
| 44.5712 | |
| 45.3070 | |
| 44.8218 | |
| 43.4762 | |
| 42.1714 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Romania's Imports of goods and services (% of GDP) in 2024?
- In 2024, Romania's Imports of goods and services (% of GDP) was 41.61, according to World Bank Open Data.
- Is Romania's Imports of goods and services (% of GDP) rising or falling?
- Romania's Imports of goods and services (% of GDP) fell 5.7% from 2023 to 2024.
- How does Romania rank globally on Imports of goods and services (% of GDP)?
- In 2024, Romania ranked #81 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Romania's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Romania is below the world average. Within Europe & Central Asia, it ranks #36 of 49.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.