Field: Economic development and infrastructure
Subfield: Economic development
Details:
The indicator divides the country’s output by the total population and is a crucial indicator for measuring a nation’s wealth. GDP per capita shows the individuals’ wealth, except it does not include the value of fixed assets (buildings, land) or the value of capital goods (equipment, machinery), which are directly involved in manufacturing. The indicator is also used to measure a nation’s productivity. GDP/capita in Romania has been constantly rising, but the growth rate does not bridge the gaps in the region (in 2017, Romania’s GDP/capita was 8.200 euro, compared to Poland – 11.800 euro, or the Czech Republic – 17.200 euro) or the EU/Eurozone average (in 2017, Romania was third from last in EU, 63% of EU average). Furthermore, this indicator shows widening gaps between Romania’s regions (in 2015 GDP/capita in Romania’s regions was at the most 42% of the GDP of Bucharest-Ilfov region, and the gap has been rising every year), but also between urban and rural regions (in 2001 GDP/capita in rural Romania was half that of the urban areas, decreasing to one third in 2015).
Units: Euro per capita
Source:
Eurostat, variable naida_10_gdp
Eurostat, variable gov_10dd_edpt1
Eurostat, variable nama_10_gdp
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