Productivity in Romania decreased to 121.20 points in the first quarter of 2020 from 121.60 points in the fourth quarter of 2019.

Productivity in Romania averaged 74.35 points from 1995 until 2020, reaching an all time high of 121.60 points in the fourth quarter of 2019 and a record low of 40.50 points in the fourth quarter of 1995. This page provides - Romania Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Productivity - values, historical data and charts - was last updated on August of 2020.

Productivity in Romania is expected to be 133.48 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Romania to stand at 133.48 in 12 months time. In the long-term, the Romania Productivity is projected to trend around 133.48 points in 2021, according to our econometric models.

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Romania Productivity

Actual Previous Highest Lowest Dates Unit Frequency
121.20 121.60 121.60 40.50 1995 - 2020 points Quarterly
2015=100, SA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.20 8.70 3.70 percent [+]
Employed Persons 4892.90 4908.60 8496.00 4095.20 Thousand [+]
Unemployed Persons 260.70 249.60 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.50 5.30 1.50 percent [+]
Youth Unemployment Rate 17.40 17.40 25.50 15.30 percent [+]
Labour Costs 165.40 113.80 165.40 2.10 points [+]
Job Vacancies 0.84 0.95 2.14 0.50 percent [+]
Wages 5188.00 5201.00 5465.00 1.02 RON/Month [+]
Wages in Manufacturing 4205.00 4175.00 4772.00 203.00 RON/Month [+]
Minimum Wages 446.02 446.02 446.02 24.53 EUR/Month [+]
Population 19.41 19.53 23.21 18.32 Million [+]
Retirement Age Women 60.92 60.67 60.92 57.92 [+]
Retirement Age Men 65.00 65.00 65.00 62.92 [+]
Labor Force Participation Rate 55.10 55.80 67.80 52.70 percent [+]
Part Time Employment 498.10 504.20 1458.10 495.80 Thousand [+]
Productivity 121.20 121.60 121.60 40.50 points [+]
Wage Growth 2.20 1.90 283.30 -1.90 percent [+]
Full Time Employment 7899.80 7978.20 8640.40 7228.10 Thousand [+]
Employment Change -0.10 0.60 3.60 -10.40 percent [+]
Employment Rate 65.40 66.00 69.10 55.40 percent [+]


Romania Productivity
In Romania, productivity refers to real labour productivity per hour worked.