Romania

Romania is one of the lowest-income countries in the European Union, but reforms have boosted its economic growth. Romania now falls into the upper-middle-income category. It is characterized by high economic growth, low unemployment rates, and reduced inflation.

Romania’s export rate has also been increasing in recent years, with exported commodities including textiles, industrial machinery, electronic equipment, metallurgical products, raw materials, cars, software, pharmaceuticals, chemicals, and agricultural products (fruits, vegetables, and flowers)