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Romania

Romania (/roʊˈmeɪniə/ roh-MAY-nee-ə; Romanian: România [romɨˈni.a] ) is a republic between Central Europe, Eastern Europe, and Southeast Europe which borders the Black Sea, Bulgaria, Ukraine, Hungary, Serbia, and Moldova.

It has an area of 238,391 square kilometres (92,043 sq mi) and a temperate-continental climate.

With 19.94 million inhabitants, the country is the seventh most populous member state of the European Union.

Its capital and largest city, Bucharest, is the sixth largest city in the EU.

The River Danube, Europe's second longest river, rises in Germany and flows southeastwards for a distance of 2,857 km, coursing through ten countries before emptying in Romania's Danube Delta.

The Carpathian Mountains, with their tallest peak Moldoveanu at 2,544 m (8,346 ft), cross Romania from the north to the southwest.

Modern Romania emerged within the territories of the ancient Roman province of Dacia, and was formed in 1859 through a personal union of the Danubian Principalities of Moldavia and Wallachia.

The new state, officially named Romania since 1866, gained independence from the Ottoman Empire in 1877.

At the end of World War I, Transylvania, Bukovina and Bessarabia united with the sovereign Kingdom of Romania.

During World War II, Romania was an ally of Nazi Germany against the Soviet Union, fighting side by side with the Wehrmacht until 1944, when it then joined the Allied powers and faced occupation by the Red Army forces.

Romania lost several territories, of which Northern Transylvania was regained after the war.

Following the war, Romania became a socialist republic and member of the Warsaw Pact.

After the 1989 Revolution, Romania began a transition back towards democracy and a capitalist market economy.

Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.

It has been a member of NATO since 2004, and part of the European Union since 2007.

A strong majority of the population identify themselves as Eastern Orthodox Christians and are native speakers of Romanian, a Romance language.

With a rich cultural history, Romania has been the home of influential artists, musicians, inventors and sportspeople, and features a variety of tourist attractions.

Region:Europe & Central Asia
Income Level:Upper middle income
Population, total:0 (2017)
Capital:Bucharest
Longitude:26.0979
Latitude:44.4479
Merchandise trade (% of GDP)

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Source:World Trade Organization, and World Bank GDP estimates.

Time required to start a business (days)

Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
Source:World Bank, Doing Business project (http://www.doingbusiness.org/).

Exports of goods and services (BoP, current US$)

Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Imports of goods and services (BoP, current US$)

Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.