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Economy, jobs and prices in Vest, Romania: official figures

GDP per person was 31,300 purchasing power standards (PPS) in 2024, 78% of the EU average; 2nd highest of 8 regions in Romania. PPS adjust for price differences between countries.

GDP per person (PPS)
31,300
2024
GDP per person (euros)
18,900
2024
GDP (million euros)
31,585
2024
Unemployment rate
5.1%
2025
Youth unemployment rate
31.2%
2022
Employment rate (20-64)
66.5%
2025
R&D spending (% of GDP)
0.36%
2024
Long-term unemployment (% of labour force)
2.1%
2025

How big is the economy of Vest?

The regional economy produced €31.6 billion of output (GDP at market prices) in 2024, 8.9% of Romania's GDP.

Source: Eurostat · saved copy

What is the unemployment rate in Vest?

The unemployment rate (age 15 to 74) was 5.1% in 2025, against 6.1% for Romania and 6.0% across the EU; 6th highest of 8 regions in Romania.

Source: Eurostat · saved copy

What is youth unemployment in Vest?

Youth unemployment (age 15 to 24) was 31.2% in 2022, against 22.8% for Romania; the highest of 7 regions in Romania.

Source: Eurostat · saved copy

What share of adults in Vest are in work?

The employment rate (age 20 to 64) was 66.5% in 2025, against 69.0% for Romania and 76.1% across the EU; 6th highest of 8 regions in Romania.

Source: Eurostat · saved copy

How much does Vest spend on research and development?

Spending on research and development came to 0.36% of GDP in 2024 (0.46% nationally).

Source: Eurostat · saved copy

What is the unemployment rate in the West region of Romania?

The West region had 19,701 registered unemployed at the end of August 2026, a rate of 2.56% against 3.26% for Romania, 2nd lowest of 8 development regions.

Source: Agenția Națională pentru Ocuparea Forței de Muncă (ANOFM) · saved copy

What is the average salary in the West region of Romania?

Employers in the West region declared an average gross wage of 7,193 lei a month in July 2026 (Romania: 7,649 lei), 2nd highest of 8 regions; the highest county average in the region was Timiș county at 8,209 lei.

Source: Casa Națională de Pensii Publice (CNPP) · saved copy

How many people in Vest are long-term unemployed?

Long-term unemployment (people out of work for a year or more) stood at 2.1% of the labour force in 2025, compared with 2.1% nationally and 1.9% in the EU; 3rd highest of 8 statistical regions in Romania. In 2015 it was 2.4%.

Source: Eurostat · saved copy

What is the unemployment rate for women in Vest?

The unemployment rate for women in Vest was 4.1% in 2025, compared with 6.0% nationally and 6.2% in the EU; 3rd lowest of 8 statistical regions in Romania. In 2015 it was 5.0%.

Source: Eurostat · saved copy

How many women in Vest are in work?

58.4% of women aged 20 to 64 were in work in 2025, compared with 59.5% nationally and 71.3% in the EU; 4th highest of 8 statistical regions in Romania. In 2015 it was 51.2%.

Source: Eurostat · saved copy

Is the economy of Vest growing?

Output (gross value added, after inflation) changed by 0.2% in 2024, against 0.2% for Romania as a whole; 3rd highest of 8 statistical regions in Romania. In 2014 it was 5.6%.

Source: Eurostat · saved copy

How many cars are there in Vest?

Residents of Vest owned 476 cars per 1,000 people in 2024, against 444 for Romania as a whole; 2nd highest of 8 statistical regions in Romania. In 2014 it was 265.

Source: Eurostat · saved copy

What is the average salary in Vest?

Average compensation per employee (pay plus employer social contributions) was €10,241 in 2023, against €10,228 across Romania; 2nd highest of 8 statistical regions in Romania.

Source: Eurostat · saved copy

How many tourists visit Vest?

Visitors spent 2.0 million nights in tourist accommodation in 2025, 16% of them by visitors from abroad.

Source: Eurostat · saved copy

What is the main industry in Vest?

The largest part of the economy of Vest in 2024 was trade, transport, hospitality and communications, at 32.9% of gross value added, followed by industry (manufacturing, mining and energy) (24.3%).

Source: Eurostat · saved copy

How industrial is Vest?

Factories, mines and energy produced 24.3% of the value added in Vest in 2024, against 19.1% for Romania.

Source: Eurostat · saved copy

How fast is the economy of Vest growing?

Gross value added rose from €13.5 billion in 2015 to €28.6 billion in 2024 in current prices, an increase of 113% before inflation.

Source: Eurostat · saved copy

Are jobs growing in Vest?

The number of people working in Vest fell by 4.8% between 2015 and 2024, to 690,800.

Source: Eurostat · saved copy

More figures

How Vest compares with other statistical regions

Registered unemployment rate, 31 August 2026 (%) (August 2026)

Vest ranks 7 of 8, highest first.

RankRegionRegistered unemployment rate, 31 August 2026 (%)
2Nord-Est4.64%
3Sud-Muntenia4.39%
4Sud-Est3.77%
5Centru3.57%
6Nord-Vest2.77%
7Vest2.56%
8Bucureşti-Ilfov0.43%
Source: Agenția Națională pentru Ocuparea Forței de Muncă (ANOFM) · saved copy

Average gross monthly wage, July 2026 (lei) (July 2026)

Vest ranks 2 of 8, highest first.

RankRegionAverage gross monthly wage, July 2026 (lei)
1Bucureşti-Ilfov9,656 lei
2Vest7,193 lei
3Nord-Vest7,096 lei
4Centru6,966 lei
5Sud-Muntenia6,786 lei
6Nord-Est6,438 lei
7Sud-Vest Oltenia6,351 lei
Source: Casa Națională de Pensii Publice (CNPP) · saved copy

Long-term unemployment (% of labour force) (2025)

Vest ranks 3 of 8, highest first.

RankRegionLong-term unemployment (% of labour force)
1Sud-Muntenia4.2%
2Sud-Est3.1%
3Vest2.1%
4Centru2.0%
5Sud-Vest Oltenia1.8%
6Nord-Est1.6%
7Nord-Vest1.3%
Source: Eurostat · saved copy

Unemployment rate, women (2025)

Vest ranks 6 of 8, highest first.

RankRegionUnemployment rate, women
2Sud-Est9.5%
3Nord-Est7.7%
4Sud-Vest Oltenia6.3%
5Nord-Vest5.3%
6Vest4.1%
7Centru3.5%
8Bucureşti-Ilfov1.9%
Source: Eurostat · saved copy

Employment rate, women aged 20-64 (2025)

Vest ranks 4 of 8, highest first.

RankRegionEmployment rate, women aged 20-64
1Bucureşti-Ilfov77.0%
2Nord-Vest63.2%
3Centru60.7%
4Vest58.4%
5Nord-Est57.0%
6Sud-Muntenia55.4%
7Sud-Vest Oltenia52.0%
Source: Eurostat · saved copy

Real growth in gross value added (2024)

Vest ranks 3 of 8, highest first.

RankRegionReal growth in gross value added
1Bucureşti-Ilfov0.4%
2Nord-Vest0.2%
3Vest0.2%
4Centru0.1%
5Nord-Est0.0%
6Sud-Est0.0%
7Sud-Vest Oltenia0.0%
Source: Eurostat · saved copy

Passenger cars per 1,000 people (2024)

Vest ranks 2 of 8, highest first.

RankRegionPassenger cars per 1,000 people
1Bucureşti-Ilfov671
2Vest476
3Nord-Vest436
4Centru433
5Sud-Vest Oltenia428
6Sud-Est415
7Sud-Muntenia403
Source: Eurostat · saved copy

Compensation per employee (euros) (2023)

Vest ranks 2 of 8, highest first.

RankRegionCompensation per employee (euros)
1Bucureşti-Ilfov€16,881
2Vest€10,241
3Centru€9,994
4Nord-Vest€9,135
5Sud-Est€8,495
6Sud-Vest Oltenia€8,214
7Sud-Muntenia€8,075
Source: Eurostat · saved copy

Nights spent in tourist accommodation (2025)

Vest ranks 8 of 8, highest first.

RankRegionNights spent in tourist accommodation
2Centru6.0 million
3Bucureşti-Ilfov4.5 million
4Nord-Vest3.6 million
5Nord-Est2.7 million
6Sud-Vest Oltenia2.2 million
7Sud-Muntenia2.0 million
8Vest2.0 million
Source: Eurostat · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Vest ranks 4 of 8, highest first.

RankRegionShare of output from industry (manufacturing, mining and energy)
1Sud-Vest Oltenia29.1%
2Sud-Muntenia27.1%
3Centru24.6%
4Vest24.3%
5Sud-Est21.8%
6Nord-Vest20.5%
7Nord-Est14.8%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Vest ranks 7 of 8, highest first.

RankRegionShare of output from finance, property and business services
2Nord-Est18.5%
3Centru18.3%
4Nord-Vest17.5%
5Sud-Est16.9%
6Sud-Muntenia16.8%
7Vest15.2%
8Sud-Vest Oltenia14.3%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Vest ranks 6 of 8, highest first.

RankRegionShare of output from public administration, education, health and other services
2Sud-Vest Oltenia19.4%
3Sud-Est19.2%
4Centru18.6%
5Nord-Vest18.1%
6Vest17.7%
7Sud-Muntenia17.5%
8Bucureşti-Ilfov15.2%
Source: Eurostat · saved copy

More on Vest: overview · health · education and schools · poverty and living standards · government budget · Romania

Sources

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