Wages in Romania
The Romanian economy recorded an average growth rate of 12.0% in the decade to 2022. In 2022, wage growth was 11.3%.
Romania Wages Chart
Note: This chart displays Wages (ann. var. %) for Romania from 2022 to 2016.
Source: Macrobond.
Romania Wages Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Wages (ann. var. %) | 13.0 | 6.4 | 7.1 | 11.3 | 14.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Romanian wages projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable wages forecast available for Romanian wages.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Romanian wages projections.
Want to get access to the full dataset of Romanian wages forecasts? Send an email to info@focus-economics.com.