Productivity in Romania increased to 116 points in the third quarter of 2020 from 109.40 points in the second quarter of 2020. source: EUROSTAT

Productivity in Romania averaged 75.10 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 February of 2021.

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
116.00 109.40 121.60 40.50 1995 - 2020 points Quarterly
2015=100, SA

Romania Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 5.10 8.70 3.70 percent [+]
Employed Persons 4928.30 4926.40 8496.00 4095.20 Thousand [+]
Unemployed Persons 296.10 290.70 1291.30 65.30 Thousand [+]
Long Term Unemployment Rate 1.60 1.20 5.30 1.20 percent [+]
Youth Unemployment Rate 19.00 19.00 25.50 15.30 percent [+]
Labour Costs 121.00 157.10 165.40 2.10 points [+]
Job Vacancies 0.95 0.81 2.14 0.50 percent [+]
Wages 5906.00 5565.00 5906.00 1.02 RON/Month [+]
Wages in Manufacturing 5208.00 4922.00 5208.00 203.00 RON/Month [+]
Minimum Wages 458.07 460.77 466.23 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 54.50 67.80 52.70 percent [+]
Part Time Employment 471.70 543.10 1458.10 471.70 Thousand [+]
Productivity 116.00 109.40 121.60 40.50 points [+]
Wage Growth 8.10 7.10 283.30 -1.90 percent [+]
Full Time Employment 7825.50 7705.80 8640.40 7228.10 Thousand [+]
Employment Change -1.00 -3.10 3.60 -10.40 percent [+]
Employment Rate 66.00 65.20 69.10 55.40 percent [+]


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