Ratio of GNP to GDP for Romania
GNPGDPROA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.39
Year-over-Year Change
-0.56%
Date Range
1/1/1970 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Romania measures the relative size of Romania's national income compared to its domestic economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into Romania's economic structure and its integration with the global economy. It is used by economists and policymakers to assess a country's level of international economic activity and dependency.
Methodology
The data is calculated by the U.S. Federal Reserve using official statistics from Romania.
Historical Context
The GNP/GDP ratio is a key indicator for evaluating Romania's economic performance and competitiveness.
Key Facts
- Romania's GNP/GDP ratio was 0.98 in 2021.
- A higher ratio indicates greater international economic integration.
- The ratio has fluctuated between 0.94 and 1.01 over the past decade.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Romania measures the relative size of the country's national income compared to its domestic economic output.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Romania's economic structure and integration with the global economy, which is useful for economists and policymakers evaluating the country's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official statistics from Romania.
Q: How is this trend used in economic policy?
A: The GNP/GDP ratio is a key indicator for assessing Romania's economic growth, trade, and global integration, which informs policymaking decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be some delays in receiving the latest information from Romania.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Romania (GNPGDPROA156NUPN), retrieved from FRED.