The commercial industrial gases market in Romania is estimated to have generated revenues of $193 million in 2015. This is up from $104 million in 2005, indicating an average annual growth rate of 6.3% for the decade.
Between 2005 and 2015 GDP grew by an average of 5.9% or 2.6% when adjusted for inflation p.a. Pre-2009, the economy expanded consistently at above 5% p.a. However, the global financial crisis that followed saw the economy contract by -7.1%, with no recovery in evidence until 2011. The years since have remained challenging with only modest expansion in the economy reported. In 2015 the GDP grew at a rate of 3.7%.
Report Data: 2015
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