Romania Economy
Romania is a country located in southeastern Europe with a population of about 19 million people. It has a developing economy that is ranked as the 48th-largest in the world.The Romanian economy is a mixed economy, meaning it combines elements of a market economy with a planned economy. The government plays a significant role in the economy through state-owned enterprises and other forms of regulation, but there is also a significant private sector.
The main sectors of the Romanian economy include industry, agriculture, and services.
- Industry: Industry is a major contributor to the Romanian economy, accounting for about 30% of the country's GDP. Major industries include manufacturing, construction, and mining. Romania is a major producer of metals, including aluminum and steel.
- Services: The service sector in Romania is growing and now accounts for about 70% of the country's GDP. This sector includes financial services, real estate, and tourism.