Romania's 1998 nominal GDP was the country's largest throughout the 1990s, and the only one in the decade to exceed $40 billion.[18]
1998 was the first year in Romania's post-Communist history when the country's external debt decreased, down to $9.7 billion from $10.4 billion in 1997.[19] The latter was greater than the
Ceaușescu-era peak of $10.2 billion in 1981.[20]
1998 was the last year in which the state had a majority share in any of Romania's main economic sectors: industrial output (54%), exports (51.1%), imports (51.7%) and investment (59.5%).[21]
Romania's 1998 nominal GDP was the country's largest throughout the 1990s, and the only one in the decade to exceed $40 billion.[18]
1998 was the first year in Romania's post-Communist history when the country's external debt decreased, down to $9.7 billion from $10.4 billion in 1997.[19] The latter was greater than the
Ceaușescu-era peak of $10.2 billion in 1981.[20]
1998 was the last year in which the state had a majority share in any of Romania's main economic sectors: industrial output (54%), exports (51.1%), imports (51.7%) and investment (59.5%).[21]