The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Romania  
Rank: 47 · Score: 59.0  

Basic facts, 2017        
Population (millions) 19.8   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 187.6   M&A volume (quartile) 3rd
GDP per capita (US$) 9,474.4   Venture capital investments (quartile) 3rd
GDP growth (per cent) 5.1   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 47 70, 79, 79, 73, 78 59.0
1 Economic Activity 25 80, 83, 83, 96, 100 86.1
2 Depth of Capital Market 52 68, 75, 75, 73, 73 53.6
3 Taxation 64 28, 68, 65, 66, 61 98.5
4 Investor Protection and Corporate Governance 54 60, 76, 77, 69, 71 64.2
5 Human and Social Environment 73 49, 59, 49, 44, 52 42.1
6 Entrepreneurial Opportunities 50 78, 83, 81, 74, 75 56.2


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Romania  
Eastern Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Turkey 94.3 72.2 107.4 59.1 43.3 55.6
Estonia 68.2 45.0 104.0 83.5 61.1 61.2
Lithuania 71.1 44.7 101.2 71.7 62.8 61.9
Romania 86.1 53.6 98.5 64.2 42.1 56.2
Latvia 67.2 48.8 107.0 69.2 53.0 57.7
Hungary 81.3 46.6 101.5 57.4 52.6 59.9
Bulgaria 72.6 51.4 93.0 57.6 47.0 58.2
Last updated: 4 Feb 2018