Romania’s per-capita GDP calculated for PP exchange rates, namely the exchange rates that make the average prices equal across countries, reached 76% of the EU average in 2022 – 3 percentage points (pp) higher compared to 2021. Romania is thus gaining some ground versus Poland (79% of EU average, only 2pp up y/y) and is at par with Hungary, which improved its score by only 1pp since 2021, according to Eurostat data. Romania, as well as Poland, stands out by its relatively high value of actual individual consumption per capita (AIC), which was 86% of the EU average in 2022 (up from 83% in 2021). Hungary, in turn, uses a smaller share of its GDP for consumption. Its per-capita AIC was only 71% of the EU average, while Poland boasted an 87% ratio. On average, AIC in EU27 accounted for 66% of the GDP (per capita), while Romanians used for consumption a much higher share – 75% in 2022. The ratio calculated for Hungary was 61%, while for Poland was 72%.A smaller consumption share means more is left for investments. Low-income countries tend to feature higher consumption ratios.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
