Economic Freedom 5 Years in Romania compared to Europe
Footnote |
Export
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Alphabetically |
Ascending Rank |
Descending Rank
| Belarus |
19.57%
|
| Latvia |
14.65%
|
| Russia |
13.06%
|
| Romania |
8.16%
|
| Estonia |
8.00%
|
| Norway |
7.52%
|
| Moldova |
6.54%
|
| Italy |
6.35%
|
| Poland |
6.33%
|
| Lithuania |
5.99%
|
| Bosnia & H. |
5.10%
|
| Iceland |
4.92%
|
| Czech Rep. |
4.92%
|
| Bulgaria |
4.88%
|
| Sweden |
4.48%
|
| Turkey |
4.37%
|
| Ukraine |
4.32%
|
| Germany |
3.95%
|
| Netherlands |
3.41%
|
| Macedonia |
3.26%
|
| UK |
3.15%
|
| Austria |
2.80%
|
| Finland |
2.33%
|
| Luxembourg |
1.93%
|
| Serbia |
1.52%
|
| Malta |
1.03%
|
| Switzerland |
0.43%
|
| France |
0.16%
|
| Ireland |
-0.20%
|
| Portugal |
-0.66%
|
| Greece |
-0.72%
|
| Montenegro |
-0.83%
|
| Albania |
-1.15%
|
| Denmark |
-1.51%
|
| Belgium |
-1.67%
|
| Slovak Rep. |
-1.89%
|
| Hungary |
-1.95%
|
| Croatia |
-2.50%
|
| Cyprus |
-5.50%
|
| Slovenia |
-5.89%
|
| Spain |
-8.00%
|
Romania: Economic freedom index, 5-year change
Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:
- Greatly Improved
- Improved
- Nuetral
- Worse
- Much Worse
Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal
Romania does not publish official house price statistics. Imobiliare Romania publishes monthly average selling prices of apartments. Colliers International's annual Real Estate Review has prices of exclusive, middle and lower classes of apartments. General economics statistics are from the National Institute of Statistics and the National Bank of Romania.