Romania
General
Population: 22,215,421 (2009)
Land Area: 237,500 sq km
Natural Resources: Petroleum, timber, natural gas, coal, iron ore, salt, arable land, hydropower
Capital: Bucharest
Political System: Republic
State Leader: Traian Basescu (2004)
Head of Government: Emil Boc (2008)
Languages: Romanian, Hungarian, Romany
Currency: New Leu (RON)
Major Religions: Eastern Orthodox 86,8%, Protestant 7,5%, Roman Catholic 4,7%, Other and Unspecified 0,9%, None 0,1%
Major Ethnicities: Romanian 89,5%, Hungarian 6,6%, Roma 2,5%, Ukrainian 0,3%, German 0,3%, Russian 0,2%, Turkish 0,2%, Other 0,4%
Life Expectancy: 72,45 years (2009)
Economy
GDP: 213,9 billion (2008)
GDP Per Capita: 12,200 (2008)
GDP Growth Rate: 7,6% (2008)
GDP Structure: Agriculture 8,1%, Industry 36%, Services 55,9% (2008)
Labour Force By Occupation: Agriculture 29,7%, Industry 23,2%, Services 47,1% (2006)
Industries: Electric machinery and equipment, textiles and footwear, light machinery and auto assembly, mining, timber, construction materials, metallurgy, chemicals, food processing, petroleum refining
Agriculture Products: Wheat, corn, barley, sugar beets, sunflower seed, potatoes, grapes; eggs, sheep
Tourism Revenue: 607 million (2004)
Unemployment Rate: 3,6% (2008)
Military
Army Size: 97 200 (2004)
Budget: 1,9% of GDP (2007)
Current Situation
Romania is located in Eastern Central Europe. It is bordered by Bulgaria, Hungary, Moldova, Serbia and Ukraine. Romania's economy has grown since the fall of the Soviet Union, it had to overcome an obsolete industrial base and poor infrastructure. It is now one of the fastest growing economies in the European Union. The services sector is the largest sector, but the primary sector is still a big employer. Romania has introduced very low personal and corporate income taxes, which has made it very competitive in attracting foreign companies.
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