2025-04-03




















Archives:
THE WORLD BANK ABOUT ROMANIA (17.04.2007)
(2007-04-17)
Last updated: 2007-04-17 16:35 EET
In 2015, Romania will have 20.7 million inhabitants, by 2.5 million less as compared to 23 million registered in 1990. The main causes of this decrease are the high child death rate and migration. The report shows that over 1990-1995 alone, more than half a million Romanians went abroad in search of a job, especially highly skilled people, which contributed to decreasing the population as well as the work force.
Experts of the World Bank note however that the money the latter have sent to their relatives back home, that is nearly 5 billion dollars, has contributed to increasing consumption and supporting the country’s balance of payments. The downward demographic trend is contrary to the one in the developed and developing states, where stagnation has been reported. However, the World Bank’s report says that the life span in Romania increased from 70 years in 1990 to 72 years in 2005.

According to the report, the spending on education and health-care in Romania, standing at 3.6% and 5.1% of the GDP respectively ranks it last among the states in the euro area. The World Bank notes that the 46% share of the rural population in Romania is among the highest among the developed countries and even among the East-European countries where the average is 30%. Nevertheless, the contribution of agriculture to the GDP is not proportional to the number of employees in that sector- the added value in agriculture is 3,477 dollars per employee, while in the euro area it is 21,400 dollars.
In exchange, in terms of expenses and consumption, Romanians are among the first in the world, along with people in the USA, Spain, Great Britain or Australia.
Romania ranks 12th in the world as regards the current account deficit standing at 8.5 billion dollars, accounting for 8.6% of the GDP. Another conclusion of the World Bank’s report is that although Romania boasts the largest number of companies listed on the stock exchange in the region, nearly 2500 at the end of 2006, capitalization is still low, standing at 32.8 billion dollars, as compared to other countries in the area like Hungary, where the stock exchange capitalization amounted to approximately 42 billion dollars or the Czech Republic where it stood at 48.6 billion dollars.
 
Bookmark and Share
WMA
64kbps : 1 2 3
128kbps : 1 2 3
MP3
64kbps : 1 2 3
128kbps : 1 2 3
AAC+
48kbps : 1 2 3
64kbps : 1 2 3
Listen Here
These are the hours when you can listen to the programmes broadcast by the English Service of RRI.
Time (UTC) 12.00 - 13.00
01.00 - 02.00 18.00 - 19.00
04.00 - 05.00 21.30 - 22.00
06.30 - 07.00 23.00 - 24.00


Historical mascot of RRI