Romania's transition from a centrally planned economy to an EU member state offers a compelling case study in institutional development. This starter compares GDP growth, government effectiveness, and business environment indicators across Romania and its regional peers. Key questions: How has institutional quality affected convergence with Western Europe? What role have EU accession reforms played?
Key Data Points
Romania, Poland, Hungary, Bulgaria -- GDP growth (%), GDP/cap PPP, Gov spending (% GDP), FDI inflows (% GDP), Business score
Romania
1 % annual
Poland
3.2 % annual
Hungary
0.6 % annual
Bulgaria
3 % annual
Romania
49,076.54 current international $
Poland
51,262.51 current international $
Hungary
48,552.47 current international $
Bulgaria
41,969.45 current international $
Romania
Data not yet loaded
Poland
Data not yet loaded
Hungary
Data not yet loaded
Bulgaria
Data not yet loaded
Romania
1.9%
Poland
2.2%
Hungary
-27.9%
Bulgaria
3.1%
Romania
Data not yet loaded
Poland
Data not yet loaded
Hungary
Data not yet loaded
Bulgaria
Data not yet loaded