Annual government: Gross capital formation … acquisitions in Romania
Romania: Annual government: Gross capital formation … acquisitions was 105,180 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross capital in Romania, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Romania recorded 105,180 National currency for annual government expenditure by function (cofog) — gross capital in 2024. That is the highest value across all 30 years on record.
The figure is up 21.9% on the previous year and up 250.6% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Romania peaked at 105,180 National currency in 2024 and was at its lowest, 320.2 National currency, in 1995.
That places Romania 14th out of 28 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government: Gross capital formation … acquisitions in Romania, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 320.2 National currency | — |
| 1996 | 450.8 National currency | +40.8% |
| 1997 | 685.9 National currency | +52.2% |
| 1998 | 689.9 National currency | +0.6% |
| 1999 | 1,263 National currency | +83.1% |
| 2000 | 3,180 National currency | +151.7% |
| 2001 | 3,678 National currency | +15.7% |
| 2002 | 5,068 National currency | +37.8% |
| 2003 | 7,110 National currency | +40.3% |
| 2004 | 6,862 National currency | -3.5% |
| 2005 | 8,255 National currency | +20.3% |
| 2006 | 17,986 National currency | +117.9% |
| 2007 | 26,640 National currency | +48.1% |
| 2008 | 35,254 National currency | +32.3% |
| 2009 | 30,688 National currency | -13.0% |
| 2010 | 30,462 National currency | -0.7% |
| 2011 | 30,224 National currency | -0.8% |
| 2012 | 29,059 National currency | -3.9% |
| 2013 | 28,399 National currency | -2.3% |
| 2014 | 30,003 National currency | +5.6% |
| 2015 | 37,230 National currency | +24.1% |
| 2016 | 27,337 National currency | -26.6% |
| 2017 | 22,371 National currency | -18.2% |
| 2018 | 24,281 National currency | +8.5% |
| 2019 | 36,330 National currency | +49.6% |
| 2020 | 47,787 National currency | +31.5% |
| 2021 | 48,039 National currency | +0.5% |
| 2022 | 60,474 National currency | +25.9% |
| 2023 | 86,300 National currency | +42.7% |
| 2024 | 105,180 National currency | +21.9% |
Romania compared with similar countries
- Romania's 105,180 National currency is above the median for high income countries, which is 92,572 National currency, 1.1× the median. (27 countries reporting)
- Romania's 105,180 National currency is above the median for Europe & Central Asia, which is 79,675 National currency, 1.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 682.02 National currency | 320.2 National currency | 1,263 National currency | 5 |
| 2000s | 14,472 National currency | 3,180 National currency | 35,254 National currency | 10 |
| 2010s | 29,569 National currency | 22,371 National currency | 37,230 National currency | 10 |
| 2020s | 69,556 National currency | 47,787 National currency | 105,180 National currency | 5 |
Countries ranked near Romania
More public sector data for Romania
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Romania?
- Annual government expenditure by function (cofog) — gross capital in Romania was 105,180 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Romania?
- The highest recorded value was 105,180 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Romania?
- The lowest recorded value was 320.2 National currency in 1995.
- How does Romania rank for annual government expenditure by function (cofog) — gross capital?
- Romania ranks 14th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Romania?
- Over the last ten years it is up 250.6%. The long-run trend across the full record is volatile.
- Where does this Romania data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org