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Tag Archives: expenditure

Fitch Ratings: Romania 2019 budget fails to lift fiscal uncertainty

Romania’s draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings says The budget published by the Ministry of Public Finance on ...

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Romania posted the highest share of expenditure on alcohol

Between 2007 and 2017, the share of alcoholic beverages in total household expenditure remained roughly stable in the vast majority of Member States. The highest increases over this 10-year period were recorded in Romania (from 2.3% of total household expenditure ...

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Romania ranks second in the EU for the lowest expenses on holidays

Romania ranks second in the top of the EU countries where people spend the lowest sums of money for a holiday stay (less over EUR 124/person). Latvia ranks at the bottom of the top, with just EUR 107/person allotted for ...

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Romanians, among the last in the EU by spending on clothing and footwear in 2016

In 2016, households in the European Union (EU) spent 4.9 percent of their total consumption expenditure on clothing and footwear, the lowest proportions were recorded in Bulgaria (3.2 percent) and Romania (3.4 percent in 2015), Eurostat, the statistical office of ...

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Over RON 2 billion, spent by foreign tourists in Romania in H1

Those over 1,200,000 foreign tourists who visited Romania in the first half of this year spent RON 2.2 billion for accommodation and have left nearly RON 500 million in bars and restaurants. At the same time, they bought souvenirs of ...

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Romania, last in the EU on education expenditure

Romania spent EUR 248 per inhabitant on education in 2015, the lowest sum in the European Union, where the average sum was EUR 1,400, according to an Eurostat study about how much are member states spending on education. In 2015, ...

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Romania, last in the EU on health expenditure

Romania spent only EUR 340 per inhabitant on health in 2015, the lowest sum in the European Union, where the average was EUR 600 per inhabitant, according to the latest Eurostat statistics on health expenditure. Eurostat says that Member States ...

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How much have the foreign tourists spent in Romania last year?

In 2016,  almost 2.5 million foreign tourists came to Romania (2.469.9 thousand)  and their expenditure mounted to RON 5.9 billion, spending on average RON 2397.9/person, the National Institute of Statistics informed on Friday. In Quarter IV 2016, the total number ...

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Non-resident tourists in Romania spent on average RON 2391.5/person until end-September

During January – September 2016, the number of non-residents in collective tourist accommodation was 1.93 million and their expenditure amounted per total RON 4613.2 million, according to the National Institute of Statistics (INS) data. Thus, the non-resident tourists arrived in ...

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Romania recorded the highest GDP growth in EU in Q2 of 2016, Eurostat shows

Among EU Member States, Romania posted the highest economic growth in the second quarter of 2016 compared with the previous quarter, 1.5 percent respectively, followed closely by Hungary (+1.0 percent), the Czech Republic, Poland and Slovakia (all +0.9 percent), while ...

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