Romania among top 50 by GDP

In 2004 Romania reached 49th place in the country rankings measured by Gross Domestic Product (GDP), ahead of Bulgaria (67), but behind Hungary (41), a study by the World Bank shows. The report says Romania achieved a GDP of 73.16bn dollars (60bn euros), ahead of Bulgaria”s 24.13bn dollars but behind Hungary”s 99.71bn dollars. Other countries that beat Romania in the rankings include Turkey with 301bn dollars, Poland, 241bn dollars, Israel, 117.5bn dollars, and the Czech Republic, 107bn dollars. Countries with GDP lower than Romania include Ukraine with 65bn dollars, Slovakia, 41bn dollars, and Slovenia, 32bn dollars. In terms of number of inhabitants Romania came in at number 47 with 21.858 million, while Hungary ranks 76th with 10.072 million, followed by Bulgaria in 90th place with 7.780 million. The World Bank data show that the same countries occupy the first seven positions as in 2003, with the US the world”s leading economic power with 11,667bn dollars in GDP, followed by Japan, 4,623bn dollars, Germany, 2,714bn dollars, UK, 2,140bn dollars, and France, 2,002bn dollars. Italy made 6th place with 1,672bn dollars, followed by China, 1,649bn dollars, Spain, 991bn dollars, Canada, 979bn dollars and India, 691bn dollars. ZF