2009 GDP registered the steepest decline of the past two decadesin terms of absolute value, in euros. GDP per capita lost 1,000euros last year, to 5,390 euros as a result of the economicdownturn, with Romania stepping two years back on the road towardconvergence with Western Europe. Romania thus ranks 26th in the UE,ahead only of Bulgaria, where GDP per capita reached 4,454 euros,according to Eurostat data and ZF calculations. The indicator showsa country's economic strength, being more relevant in comparisonsthan other indicators such as absolute GDP or the trend of theeconomy. "We'll regain what we lost in the crisis within twoyears," maintains Ion Ghizdeanu, chairman of the National ForecastCommission. At the end of 2009 and early 2010 the first encouragingsigns of a rebound and of a gradual resumption of economic growthemerged, stated Vergil Voineagu, chairman of the NationalStatistics Institute (INS) yesterday. "The signals will not besolid enough to see a rapid growth trend," INS chairman specified,though.
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