RON 2,560/month family income in 2013


The gross average monthly income per household was RON 2,559 last year, of which the money revenues accounted for 83.5 percent and the total expenses amounted to RON 2,317, representing 90 percent of the income, according to data released yesterday by the National Institute of Statistics (INS). Wages and other income associated to them accounted for the major source of income, with the major percentage of the total income of households (51.2 percent), 1.1 percent higher than in 2012. Revenues from services (22.8 pc), agriculture (3.3 pc), income from independent non-agricultural activities (2.8 pc) and those from properties and sales of household assets (1.6 percent) contributed to the final amount of income of households. A major percentage is the non-monetary income (16.5 percent), mainly the value of foodstuffs from households’ own resources (14.7 pc). In 2013, the total average income per household in the urban areas was 32.1 percent higher than the same in the rural areas and 11.7 pc higher than the total households. In the urban areas, the households’ income came from wages, 64 pc, services, 22 pc, as income from goods represented 7.8 percent of the total figure. In the rural areas, the major source of income represented the agricultural production, providing 38.4 percent of the total revenues.
Drugs and prostitution, included in GDP calculation
“Since 1995 we have estimates included in the GDP calculation regarding the legal economy performed under illegal conditions… Starting with 2012, we will include in the calculation of the GDP the illegal activities. We had a project with European funds concluded at the end of last year in which for the first time estimates were conducted for prostitution, drugs and alcohol and tobacco smuggling. From our preliminary estimations, the illegal economy has an impact no higher than 0.1 – 0.2 percent of the GDP,” said Adriana Ciuchea, managing director of the General Directorate for national and macroeconomic syntheses within the Statistics.
Romania is not the only country in which these alterations are operated. The UK and Italy have also adopted this method. The change is introduced in order to observe the laws of the European Union. The new methodology will include the R&D activities into the GDP, which had been left apart by now, being labeled as intermediary costs.