Estonia vs Romania: Economic Indicators Comparison

Romania with a GDP of $239.6B ranked the 49th largest economy in the world, while Estonia ranked 102nd with $30.7B. By GDP 5-years average growth and GDP per capita, Romania and Estonia ranked 42nd vs 71st and 64th vs 42nd, respectively.

Gross Domestic Product & Income

StatEstoniaRomania
GDP$30.7B$239.6B
GDP growth, 1 year3.9%4.1%
GDP growth, 5-years average3.4%4.6%
Population1.3M19.6M
GDP per capita$23k$12k
GDP per capita growth4.48%4.56%
Purchasing Power Parity conversion factor0.551.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.650.44
GDP per capita, PPP adjusted$34k$26k
GNI, Atlas method$27.9B$219.9B
GNI per capita$21k$11k
GNI, PPP adjusted$46.2B$535.9B
GNI per capita, PPP adjusted$35k$28k

Financial system and Human development

StatEstoniaRomania
Income Tax Rate20%10%
Corporate Tax Rate20%16%
Inflation, consumer prices3.4%4.6%
Inflation, GDP deflator4.5%5.9%
Unemployment5.5%4.3%
Economic Freedom Index77.769.7
Personal Freedom Index9.048.74
Human Freedom Index8.448
Property Rights Index83.272.5
Judical Effectiveness Index73.756.1
Business Freedom Index73.558.6
Fiscal Health Index99.985.6
Labor Freedom Index57.363
Investment Freedom Index9070
Financial Freedom Index7050
Trade Freedom Index86.486.4
Monetary Freedom Index78.678.1
Government Spending Index53.370.4
Tax Burden Index81.190.3
Government Integrity Index85.955.1
Corruption Perceptions Index7347
Life expectancy at birth, years77.675.3
Suicide mortality rate, per 100,000 people17.810.4
Mortality caused by road traffic injury, per 100,000 people6.110.3
Intentional homicides, per 100,000 people2.21.5
International tourism, number of arrivals3.2M11.7M

Government debt & reserves

StatEstoniaRomania
Central government debt, % of GDP8.1%36.6%
External debt stocks, % of GNIN/A48%
External debt stocksN/A$112.1B
Short-term debt, % of total reservesN/A37.7%
Total debt service, % of exports and primary incomeN/A20.8%
Adjusted net savings including particulate emission damage, % of GNI15.2%3.4%
Gross savings, % of GDP28.2%19.7%
Gross capital formation, % of GDP26.2%24.2%
Total reserves including gold$755M$42.1B
Foreign direct investment net inflows$1.2B$7.3B

Exports, imports and economic structure

StatEstoniaRomania
Exports of goods and services, % of GDP74.3%41.6%
Imports of goods and services, % of GDP70.7%44.9%
Current account balance (balance of payments)$612.4M-$10.9B
Revenue excluding grants, % of GDP34.8%28.6%
Grants excluding technical cooperation, BoP$120.3M$736M
Personal remittances received$566.5M$7B
Industry including construction value added, % of GDP24.1%29%
Agriculture, forestry and fishing value added, % of GDP2.7%4.3%
Charges for the use of intellectual property, payments BoP$64.7M$962.4M
Charges for the use of intellectual property, receipts BoP$15.9M$100.8M
Expense, % of GDP35%31.6%
Government Expenditure, % of GDP39.4%31.4%

Compare with countries close by GDP per capita

Estonia vs

CountryGDP
per capita
Population
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M

Romania vs

CountryGDP
per capita
Population
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M