Romania records record economic growth of 9.3% in Q2
GDP stood at 109.019 billion lei in current prices in Q2.
In H1 2008, GDP reached 195.764 billion lei, it rose 8.8% from the same period in 2007.
In 2007, the economic growth was of 6.1% in Q1, and of 5.7% in Q2.
In early August, governor of Romania’s Central Bank (BNR) Mugur Isarescu cautioned that the economic advance posted by Romania in Q1 is above the potential. “One has to no longer doubt that the economy is overheated,” Isarescu said then.
The economic growth target for this year is of 7%.
The National Prognosis Commission estimates that by 2020, the economic growth of Romania will stand at over 5% annually, GDP will reach 442.3 billion euros.