Economic affairs, Ratio of this level of government's expenditure on in Romania
Romania: Economic affairs, Ratio of this level of government's expenditure on was 1.29 in 2020. ▲ Rising
Economic affairs, Ratio of this level of government's expenditure on in Romania, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for economic affairs, ratio of this level of government's expenditure on in Romania is 1.29, measured in 2020.
The figure is down 11.4% on the previous year and down 14.4% over ten years.
Over the whole period, economic affairs, ratio of this level of government's expenditure on in Romania peaked at 1.99 in 2002 and was at its lowest, 1.02, in 1997.
That places Romania 1st out of 60 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Economic affairs, Ratio of this level of government's expenditure on in Romania, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.11 | — |
| 1996 | 1.23 | +11.2% |
| 1997 | 1.02 | -17.3% |
| 1998 | 1.21 | +18.9% |
| 1999 | 1.07 | -11.6% |
| 2000 | 1.23 | +14.5% |
| 2001 | 1.67 | +36.4% |
| 2002 | 1.99 | +18.7% |
| 2003 | 1.95 | -2.0% |
| 2004 | 1.82 | -6.7% |
| 2005 | 1.7 | -6.3% |
| 2006 | 1.63 | -4.6% |
| 2007 | 1.45 | -10.5% |
| 2008 | 1.48 | +2.1% |
| 2009 | 1.52 | +2.7% |
| 2010 | 1.5 | -1.5% |
| 2011 | 1.42 | -5.7% |
| 2012 | 1.39 | -1.9% |
| 2013 | 1.48 | +6.8% |
| 2014 | 1.55 | +4.6% |
| 2015 | 1.66 | +7.1% |
| 2016 | 1.7 | +2.3% |
| 2017 | 1.86 | +9.5% |
| 2018 | 1.5 | -19.5% |
| 2019 | 1.45 | -3.2% |
| 2020 | 1.29 | -11.4% |
Romania compared with similar countries
- Romania's 1.29 is above the median for high income countries, which is 0.7843, 1.6× the median. (36 countries reporting)
- Romania's 1.29 is above the median for Europe & Central Asia, which is 0.7841, 1.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.13 | 1.02 | 1.23 | 5 |
| 2000s | 1.64 | 1.23 | 1.99 | 10 |
| 2010s | 1.55 | 1.39 | 1.86 | 10 |
| 2020s | 1.29 | 1.29 | 1.29 | 1 |
Countries ranked near Romania
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 14.59 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 278.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 457.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0228 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 54.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.72 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,495 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is economic affairs, ratio of this level of government's expenditure on in Romania?
- Economic affairs, ratio of this level of government's expenditure on in Romania was 1.29 in 2020, according to International Monetary Fund.
- What is the highest economic affairs, ratio of this level of government's expenditure on recorded in Romania?
- The highest recorded value was 1.99 in 2002.
- What is the lowest economic affairs, ratio of this level of government's expenditure on recorded in Romania?
- The lowest recorded value was 1.02 in 1997.
- How does Romania rank for economic affairs, ratio of this level of government's expenditure on?
- Romania ranks 1st out of 60 countries with data for 2020.
- Is economic affairs, ratio of this level of government's expenditure on rising or falling in Romania?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is rising.
- Where does this Romania data come from?
- The figures come from International Monetary Fund, published as part of Economic affairs, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.