Theoretical and Applied Economics (May 2024)
Macroeconomic trends in Romania 2023
Abstract
Romania in 2023 has been forecast by the specialists to present high economic stability and great recovery after the impact of the COVID-19 pandemic. Therefore, the inflation rate, the unemployment rate, and the GDP deflator will be continuously decreasing, while the GDP, the employment rate, and the FDIs will be increasing, driving the economic growth. Meanwhile, the government, after understanding the need for sustainability and the role of digitalization and innovation, will be supporting even more the SMEs and the IT industry, and its main economic pillar – the agriculture, while encouraging and supporting young entrepreneurs to establish their own business.