IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL ROMANIA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Bucharest

2016 2017 2018 2019 2020

238 2019

49

49

49

4.238 2019 19.41 2019 248.7 2019 28,288 2019 4.1 2019 3.83 2019 3.80 2019 9.12 2019 -5.43 2019 94.0 2018 2.78 2019

50

Exchange Rate (per $)

51

30

Population - market size (millions)

CHALLENGES IN 2020 Immediate and massive support to rebuild our economy from the damages of the Covid-19 crisis. • Immediate and massive support to rebuild our economy from the damages of the Covid-19 crisis. • Provide the Romanian population with the confidence in the future. • Implement measures to stop job losses and keep the accumulated know-how of companies through their employees. • Provide support; allowing companies to continue investing, satisfy their current payments and maintain their liquidity buffers. • Improve the healthcare system to meet the challenges of Covid- 19. Provided by: CIT-IRECSON Center of Technological Information, Bucharest CIT-IRECSON Center of Technological Information, Bucharest

41

Gross Domestic Product (GDP) (US$ billions)

45

GDP (PPP) per capita (US$)

12

Real GDP growth (%)

54

Consumer price inflation (%)

20

Unemployment rate (%)

33

Labor force (millions)

60

Current account balance (% of GDP)

44

Direct investment stocks inward ($bn)

20

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

21

29

32

35

40

41

42 45 45

44

49

51

52

54

59 59 56 54 56

60

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

32

28

28

33

33

29

29

34

30

35

99

IMD WORLD COMPETITIVENESS BOOKLET 2020