Romanian Services Post Record 50% Contribution To '09 GDP

Romania's services sector had a record 50.1% contribution to the gross domestic product in 2009, whereas the agriculture’s weight was slightly lower compared with a year before, Vergil Voineagu, head of the National Statistics Institute, said Monday.

Romanian Services Post Record 50% Contribution To '09 GDP

Speaking at a news conference, Voineagu said the economy was driven by industry and net exports in 2009, as imports fell at a faster pace than exports.

Industrial output contributed by 23.8% to the GDP last year, up from 22.9% in 2008.

However, the contribution of constructions and trade sectors decreased by 13.6% and 11.2% on the year, respectively.

Romania's economy declined by 7.1% in 2009, from a growth of 7.1% a year earlier.



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