Romania: Machinery and transport equipment (% of value added in manufacturing)

Key figures

What the numbers say

In 2023, Romania's machinery and transport equipment (% of value added in manufacturing) rose 5.48 percentage points on 2022 (from 26.96% to 32.44%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0.29 percentage points and a typical year strayed about 2.48 percentage points from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 9.84 percentage points in 2009 and the biggest yearly fall was 5.13 percentage points in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Romania had the 12th highest value of the 63 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Romania in the 2023 ranking

• Hungary — 8th of 63: 35.97%
• Netherlands — 9th of 63: 35.83%
• France — 10th of 63: 32.88%
• Finland — 12th of 63: 32.4%
• Austria — 13th of 63: 31.26%
• United Kingdom — 14th of 63: 31.05%

What this measures

Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 36 values

Machinery and transport equipment (% of value added in manufacturing) in nearby economies

• Albania — 6.7% (2023)
• Armenia — 2.81% (2023)
• Austria — 31.26% (2023)
• Azerbaijan — 8.63% (2023)
• Belarus — 14.57% (2022)
• Belgium — 15.94% (2023)
• Bosnia and Herzegovina — 9.04% (2023)
• Bulgaria — 20.94% (2023)
• Croatia

More economic policy & debt data for Romania

• Communications, computer, etc. (% of service imports, BoP) — 49.14% (2025)
• Imports of goods and services (current US$, BoP) — US$174.97 billion (2025)
• Insurance and financial services (% of service imports, BoP) — 4.31% (2025)
• Goods imports (current US$, BoP) — US$139.06 billion (2025)
• Service imports (current US$, BoP) — US$35.91 billion (2025)
• Transport services (% of service imports, BoP) — 15.65% (2025)
• Travel services (% of service imports, BoP) — 30.2% (2025)
• Foreign direct investment, net outflows (BoP, current US$) — US$803.14 million (2025)
• Current account balance (current US$, BoP) — −US$33.88 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Romania's machinery and transport equipment (% of value added in manufacturing)?

32.44% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1988?

It is up 9.44 percentage points from 23% in 1988. The highest value was 36.31% in 2018 and the lowest 13.05% in 2000.

How does Romania rank?

12th highest of 63 economies with data for 2023.

Is the latest change in machinery and transport equipment (% of value added in manufacturing) unusual for Romania?

In 2023, Romania's machinery and transport equipment (% of value added in manufacturing) rose 5.48 percentage points on 2022 (from 26.96% to 32.44%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0.29 percentage points and a typical year strayed about 2.48 percentage points from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NV.MNF.MTRN.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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