Attribute | Value |
---|---|
Geography | |
Area | 238,391 km² |
Continent | Europe |
Land area | 229,891 km² |
Water area | 8,500 km² |
Land boundaries | 2,844 km |
Border countries |
|
Coastline | 225 km |
Mean elevation | 414 m |
Lowest point | 0 m |
Highest point | 2,544 m |
People | |
Population | 21,302,893 |
Official languages |
|
Religion | Eastern Orthodox |
Government | |
Long country name | Add |
Short country name | Romania |
Long local name | Add |
Short local name | Romania |
Former name |
|
Government type | Semi-presidential republic |
Capital | Bucharest |
Economy | |
GDP (PPP) | 483,400,000,000 USD |
GDP (OER) | 211,900,000,000 USD |
GDP (real growth rate) | 6.9 % |
GDP - per capita (PPP) | 24,600 USD |
Gross national saving | 21.1 % of GDP |
Labor force | 8,951,000 |
Unemployment rate | 4.9 % |
Population below poverty line | 22.4 % |
Budget revenues | 62,140,000,000 USD |
Budget expenditures | 68,130,000,000 USD |
Military expenditures | 2.04 % of GDP |
Taxes and other revenues | 29.3 % of GDP |
Budget surplus or deficit | -2.8 % of GDP |
Public debt | 36.8 % of GDP |
Inflation rate | 1.3 % |
Central bank discount rate | 1.75 % |
Commercial bank prime lending rate | 5.57 % |
Stock of narrow money | 54,130,000,000 USD |
Stock of broad money | 54,130,000,000 USD |
Stock of domestic credit | 72,540,000,000 USD |
Market value of publicly traded shares | 42,240,000,000 USD |
Current account balance | -7,114,000,000 USD |
Exports | 64,580,000,000 USD |
Imports | 78,120,000,000 USD |
Reserves of foreign exchange and gold | 44,430,000,000 USD |
External debt | 95,970,000,000 USD |
National currency | lei |
National currency (code) | RON |
National currency (symbol) | lei |
National currency rate to USD | 4.077 |
The principalities of Wallachia and Moldavia - for centuries under the suzerainty of the Turkish Ottoman Empire - secured their autonomy in 1856; they were de facto linked in 1859 and formally united in 1862 under the new name of Romania. The country gained recognition of its independence in 1878. It joined the Allied Powers in World War I and acquired new territories - most notably Transylvania - following the conflict. In 1940, Romania allied with the Axis powers and participated in the 1941 German invasion of the USSR. Three years later, overrun by the Soviets, Romania signed an armistice. The post-war Soviet occupation led to the formation of a communist "people's republic" in 1947 and the abdication of the king. The decades-long rule of dictator Nicolae CEAUSESCU, who took power in 1965, and his Securitate police state became increasingly oppressive and draconian through the 1980s. CEAUSESCU was overthrown and executed in late 1989. Former communists dominated the government until 1996 when they were swept from power. Romania joined NATO in 2004 and the EU in 2007.