COMPARATIVE ANALYSIS OF EMPLOYED POPULATION AND THE GROSS DOMESTIC PRODUCT, IN ROMANIA AND THE ROMANIAN WESTERN REGION, BY SECTORS OF ACTIVITY

Abstract

In the paper entitled Comparative analysis of employed population and the gross domestic product in Romania and the RomanianWestern Region, by sectors of activity, the dynamics of employed population and gross domestic product before and during the pandemic, respectively the period 2016-2021 has been analysed. Based on the comparative analysis of the employed population in Romania and in the Western Region of the same country, for the period 2016-2018, a dynamic in the primary sector was found, a decrease in the secondary sector and an increase in the tertiary sector. In the period 2019-2021, the employed population,by sector of activity,decreased in the primary sector, was dynamic in the secondary sector and increasedin the tertiary sector. There are significant differences between the average percentages calculated for the WesternRegion compared to Romania, which shows a decrease in the employed population in the primary and tertiary sectors and an increase in the secondary. In terms of gross domestic product in current prices, over the entire period 2016-2021, Romania’s gross domestic product by sectors of activity recorded an increase in the primary and tertiary sectors and a dynamic in the secondary sector. At the level of the Western Region, in the period 2016-2019, in all sectors of activity, the gross domestic product in current prices increased. Due to the emergence of the pandemic in 2020, there are decreases in GDP in current prices in all sectors of activity, but from 2021 onwards the economy recovers, so that its values increased both in Romania and in the Western Region.

Keywords

• employed population
• gross domestic product
• sector
• primary
• secondary
• tertiary
• economy