Vice Governor Liviu Voinea, from National Bank of Romania, declared that 13% of our country population is working in foreign countries. This means almost 30% of our total labour force. The statement was done during ‘’10 years since Romania joined EU’’ conference.
Even if Romania has only a 5% rate of unemployment, we are facing a strong negative impact on GDP.
On top of this issue we have a negative birth rate and ageing population.
During the last 12 years, population over 65 years old increased with 1% having a negative effect on GDP of 1.7%.
EUROSTAT research shows within the last decade (2006–16) an increase of 2.4 % regarding the share of the population aged 65 years and over within EU. On the other hand, the share of the population aged less than 15 years in the EU population decreased by 0.4%.
Italy, Greece and Germany have the highest share of aged population (more than 20% of total population by country).