Annual government: Gross fixed capital formation … function fixed in Romania
Romania: Annual government: Gross fixed capital formation … function fixed was 103,192 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Gross fixed in Romania, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government expenditure by function (cofog) — gross fixed in Romania stood at 103,192 National currency. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 20.6% on the previous year and up 243.9% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross fixed in Romania peaked at 103,192 National currency in 2024 and was at its lowest, 316.3 National currency, in 1995.
That places Romania 11th out of 27 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 fixed capital formation … function fixed in Romania, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 316.3 National currency | — |
| 1996 | 446 National currency | +41.0% |
| 1997 | 678.2 National currency | +52.1% |
| 1998 | 672 National currency | -0.9% |
| 1999 | 903.9 National currency | +34.5% |
| 2000 | 2,791 National currency | +208.8% |
| 2001 | 3,226 National currency | +15.6% |
| 2002 | 4,930 National currency | +52.8% |
| 2003 | 6,942 National currency | +40.8% |
| 2004 | 6,920 National currency | -0.3% |
| 2005 | 8,200 National currency | +18.5% |
| 2006 | 18,018 National currency | +119.7% |
| 2007 | 26,241 National currency | +45.6% |
| 2008 | 34,956 National currency | +33.2% |
| 2009 | 30,570 National currency | -12.5% |
| 2010 | 30,234 National currency | -1.1% |
| 2011 | 30,210 National currency | -0.1% |
| 2012 | 28,483 National currency | -5.7% |
| 2013 | 27,971 National currency | -1.8% |
| 2014 | 30,010 National currency | +7.3% |
| 2015 | 36,976 National currency | +23.2% |
| 2016 | 27,226 National currency | -26.4% |
| 2017 | 22,271 National currency | -18.2% |
| 2018 | 24,011 National currency | +7.8% |
| 2019 | 35,837 National currency | +49.3% |
| 2020 | 47,184 National currency | +31.7% |
| 2021 | 48,355 National currency | +2.5% |
| 2022 | 60,088 National currency | +24.3% |
| 2023 | 85,582 National currency | +42.4% |
| 2024 | 103,192 National currency | +20.6% |
Romania compared with similar countries
- Romania's 103,192 National currency is above the median for high income countries, which is 93,394 National currency, 1.1× the median. (26 countries reporting)
- Romania's 103,192 National currency is above the median for Europe & Central Asia, which is 78,345 National currency, 1.3× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual government: Gross fixed capital formation … function fixed in Romania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +208.8% | 903.9 National currency | 2,791 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 603.28 National currency | 316.3 National currency | 903.9 National currency | 5 |
| 2000s | 14,279 National currency | 2,791 National currency | 34,956 National currency | 10 |
| 2010s | 29,323 National currency | 22,271 National currency | 36,976 National currency | 10 |
| 2020s | 68,880 National currency | 47,184 National currency | 103,192 National currency | 5 |
Countries ranked near Romania
- 8 Iceland 182,288 National currency compare
- 8 Estonia 2,478 National currency compare
- 9 Germany 132,292 National currency compare
- 10 France 126,997 National currency compare
- 12 Israel 102,961 National currency compare
- 13 Australia 101,606 National currency compare
- 14 United Kingdom 93,796 National currency compare
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 fixed in Romania?
- Annual government expenditure by function (cofog) — gross fixed in Romania was 103,192 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Romania?
- The highest recorded value was 103,192 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Romania?
- The lowest recorded value was 316.3 National currency in 1995.
- How does Romania rank for annual government expenditure by function (cofog) — gross fixed?
- Romania ranks 11th out of 27 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross fixed rising or falling in Romania?
- Over the last ten years it is up 243.9%. 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 fixed capital formation. 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