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Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
This is a list of countries by industrial production growth rate mostly based on The World Factbook, [1] as of September 2024. A colour-coded map showing countries or territories by industrial production growth rate in 2017 in percentages, based on data from The World Factbook .
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in European countries for the latest years recorded in the CIA World Factbook. The list includes all members of the Council of Europe and Belarus apart from those countries with GDP growth estimates older than 2014.
After the leadership was sure that they had the control in the country, the government resumed its policy of industrialization, growing investment by 10.92% in 1958 and 16.23% in 1959. [7] Over this period, industrialization proceeded at a faster rate than any other Eastern European country. [8]
According to Currencies Direct, Romania has seen significant increases in house prices in recent years and its interest rate has dropped from a level of 154 per cent in 1997 to 8.9 per cent in 2005. The construction industry in Romania contributed an estimated 5.95% in 2006 to the country's gross domestic product (GDP).
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Checks on travelling by air and sea from Bulgaria and Romania were lifted in March 2024, but land checks continued until Austria last month dropped a veto it had maintained on t
This is a list of European Union regions (NUTS2 regions) sorted by their gross domestic product (GDP). Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to Eurostat.