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In 2018, Romania was the third biggest agricultural producer of the EU and produced the largest amount of maize. [3] Agriculture summed up about 4.3% of GDP in 2019, down from 12.6% in 2004. [4] As of 2017, 25.8% of the Romanian workforce is employed in agriculture, compared to an EU average of 4.4%. [5]
The industry of software development outsourcing crossed the mark of $3 billion of total revenues in 2005 and reached $4.8 billion in 2006. Currently, Romania controls 5 percent of the offshore software development market and is the third leading country (after India and China) among software exporters. Such growth of software outsourcing in ...
Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. [5] 2.8% of the country's GDP is derived from agricultural activity. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs.
Romania is a large producer of many agricultural products and is currently expanding its forestry and fishery industries. The implementation of the reforms and the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) have resulted in reforms in the agricultural sector of the economy.
Romania's chief exports to Italy included leather footwear, cars, telephones, tobacco, men's suits, seats and iron pipes. 2.8% of the country's GDP is derived from agricultural activity. While Romania imports substantial quantities of grain, it is largely self-sufficient in other agricultural products and food stuffs.
Despite having mineral resources and a state interventionist policy, Romania was not able to change the agricultural character of its economy into an industrial one. [1] 80% of its population was employed in labor-intensive agriculture, which made up 64% of Romania's exports, while only 2% of its exports consisted of manufactured goods. [1]
Romania: 2.6: 1.3: 0.7: 0.4: 0: 0.2 ... Agriculture % of GDP Industry % of GDP Services % of GDP Agriculture % of total employment Industry % of total employment
The economy is based predominantly on services, which account for 56.2% of the country's total GDP as of 2017, with industry and agriculture accounting for 30% and 4.4% respectively. [265] Approximately 25.8% of the Romanian workforce is employed in agriculture, one of the highest rates in Europe. [266]