Coronavirus impact on Romanian GDP by scenario 2020

According to the double-hit scenario, in the eventuality that there would be a second COVID-19 outbreak at the end of 2020, Romania's GDP was anticipated to decrease by 8.6 percent. According to the single-hit scenario, an increase of 4.7 percent was forecast for the year 2021.

Forecast real gross domestic product (GDP) growth rate due to the coronavirus (COVID-19) in Romania in 2020 and 2021, by scenario

Characteristic	Single-hit scenario*	Double-hit scenario*
2021	4.7%	1.8%
2020	-6.5%	-8.6%

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

November 2020

More information

Region

Romania

Survey time period

June 2020

Supplementary notes

* The source specified the following information:
"Given the unusual level of uncertainty caused by the Covid-19 pandemic, the Economic Outlook presents two scenarios for each country and economy – one scenario in which a second outbreak occurs in most economies towards the end of this year (double-hit scenario) and an alternative scenario where the second outbreak is avoided (single-hit scenario)."

Citation formats