Romania's economy advances 0.3pct in H1 2025 

  Romania's Gross Domestic Product (GDP) in the first six months of 2025 grew by 0.3% unadjusted and by 1.5% seasonally adjusted as against H1 2024, and in Q2 2025 it was up 1.2% in real terms over Q1 2025, according to provisional data released on Friday by the National Institute of Statistics (INS).Compared with Q2 2024, Q 2 2025 GDP grew by 0.3% unadjusted and by 2.3% seasonally adjusted.According to INS, the seasonally adjusted series of quarterly Gross Domestic Product for previous periods has changed compared to the provisional version (1) published in the Press Release no. 222 of September 5, 2025, following the revision of the data for 2018-2024 and the revision of the estimates for the second quarter of 2025In the seasonally adjusted series, the estimated GDP for H1 2025 was RON 926.920 billion current prices, increasing in real terms by 1.5% as against H1 2024.For Q2 2025, the estimated Gross Domestic Product seasonally adjusted was RON 467.684 billion current prices increasing by 1.2% in real terms from Q1 2024 .As regards the contribution of resources and uses to the change in GDP, compared with the provisional version 1, the GDP dynamics did not change, and that of the gross value added increased by +0.1 percentage points.The gross value added volume by industries recorded more important changes between the two estimates, as follows: agriculture, forestry and fisheries from 0.1% to 0.0% between the two estimates, and the volume of activity increased from the previous estimate by +0.1 percentage points (from 102.5% to 102.6%); industry did not contribute to GDP growth (0.0%) in either estimates, but the volume of activity increased by +0.1 percentage points (from 99.8% to 99.9%); construction from +0.1% to +0.2% between the two estimates, and the volume of activity increased by +0.1 percentage points from the previous estimate (from 102.8% to 102.9%); wholesale and retail trade; repair of motor vehicles and motorcycles; transport and storage; hotels and restaurants made the same contribution to GDP growth (+0.1%) in both estimates, and the volume of activity increased by +0.2 percentage points (from 100.4% to 100.6%).Information and communications made the same contribution to GDP growth (+0.1%) in both estimates, while the volume of activity changed from the previous estimate by -0.1 percentage points (from 101.2% to 101.1%), as financial intermediation and insurance did not contribute to GDP growth (0.0%), with the volume of activity changing from the previous estimate by +0.1 percentage points (from 99.1% to 99.2%).Real estate transactions' contribution increased from -0.1% to 0.0% between the two estimates, and the volume of activity changed from the previous estimate by +0.2 percentage points (from 99.3% to 99.5%), professional, scientific and technical activities; administrative services activities and support services activities had the same contribution to GDP growth (-0.3%), while the volume of activity did not change from the previous estimate (96.9%); public administration and defence; social security from the public system; education; healthcare and social assistance did not contribute to GDP growth (0.0%) in the two estimates, and so did their volume of activity (99.8%).Also, show, cultural and recreational activities; repairs of household products and other services did not contribute to GDP growth (0.0%) in either estimate sets, and their volume of activity did not change from the previous estimate (100.7%).The volume of net taxes on products decreased by -0.3 percentage points in the provisional version (2) from thr provisional version (1), from 103.2% to 102.9%, according to statistical data.In terms of GDP use, significant differences in the contribution to the change in GDP between the two estimates recorded: household final consumption expenditure from +0.9% to +0.6%, as a result of a decrease in its volume by -0.3 percentage points from 101.2% to 100.9%; individual final consumption expenditure of general government, from -0.1% to +0.2%, as a result of an increase in its volume by +3.6 percentage points from 98.6% to 102.2%; collective final consumption expenditure of general government, from -0.2% to -0.5%, as a result of a decrease in its volume by -3.5 percentage points from 98.8% to 95.3%; gross fixed capital formation had the same contribution to GDP growth (-0.1%), as its volume of activity increased by +0.1 percentage points from 99.7% to 99.8%.The Gross Domestic Product was revised for the period 2018-2022 in order to implement Eurostat requirements related to improving estimates of financial intermediation services indirectly measured (FISIM); improving tip estimates; reviewing the accounts in Public Administrations.