Industrial Production in Romania
The Romanian economy recorded an average industrial production growth rate of 1.4% in the decade to 2024. In 2024, industrial production growth was -1.7%. For more industry information, visit our dedicated page.
Romania Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Romania from 2014 to 2025.
Source: Macrobond.
Romania Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -9.2 | 6.5 | 0.9 | -2.5 | -1.7 |
Industrial production shrinks in November
Latest reading: Industrial production fell 0.7% in working-day and seasonally adjusted month-on-month terms in November, following a 0.5% increase in the previous month. Relative to the prior month's figures, readings in November worsened for mining and quarrying (-0.6% on a seasonally adjusted month-on-month basis vs +0.9% in October) and electricity, gas, steam and air conditioning supply (-2.4% vs +5.5% in October). In contrast, the reading for manufacturing improved in November (-0.4% vs -0.5% in October). On a working-day and seasonally adjusted year-on-year basis, industrial production fell 0.5% in November, following 0.3% growth in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Romanian industry projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Romanian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Romanian industry projections.
Want to get access to the full dataset of Romanian industry forecasts? Send an email to info@focus-economics.com.
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