The Economist: Romania will record the highest economic growth in the EU in 2017

The Economist estimates that Romania’s economy will increase by 3.4% in 2017, the highest growth rate in Europe, mainly supported by consumption.

Its report “The World in 2017” shows that Romania’s budget deficit will exceed the ceiling of 3% of the GDP, reaching 3.2%. The inflation rate will amount to 2.2%.

Romania would reach a GDP per capita of USD 10,335 as nominal value. Adjusted to the purchasing power, the GDP per capita would total USD 24,780.

EU’s large economies will record only modest growths. The British magazine predicts a growth of 1.3% in Germany, 1.1% in France, 0.9% in Italy and only 0.6% in the UK.

Meanwhile, according to The Economist, Europe’s largest economy will experience only modest increases. British magazine predicts growth of 1.3% in Germany, 1.1% in France, 0.9% in Italy and only 0.6% in the UK.

The Romanian economy is one of the most dynamically growing in Europe.

source: romania-insider.com

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