Bucharest – Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

“City Profile – Bucharest” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Bucharest.

Bucharest metropolitan area or Bucharest-Ilfov region comprises Ilfov County and the city of Bucharest. Bucharest metropolitan area accommodated 2.29 million people or 12.1% of the country’s population in 2021. Bucharest metropolitan area is the economic hub of the country. The area is a major technology hub in Europe. Its contribution to the country’s GDP was 26.9% in 2021.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

– The service sector remains the key contributor to the regional economy and the major employer.

– The tourism sector is a major employer and contributor to economic growth in Bucharest metropolitan area. In 2020, the area’s tourism sector faced slowdown of activity as the COVID-19 pandemic swept across the globe owing to travel restrictions and border closure. Escalating geopolitical tensions pose a threat to the area’s tourism sector in the coming months of 2022

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot

PEST Analysis

Political

Economic

Social

Technology and Infrastructure

Communications

Internal Transport Networks

Connectivity

Airports

Business Environment Analysis

Travel and Tourism

Tourism Flows

Hotels

Attractions

Events

Construction and Real Estate

Investment

Real Estate Market

Retail

Retail Market

Consumption, Income and Prices

Appendix

Sources

Further Reading

Ask the Analyst

About MarketLine

Disclaimer

List of Tables

List of Tables

Table 1: Bucharest metropolitan area – key facts (estimates), 2021

Table 2: Bucharest metropolitan area – real GDP and real GDP growth, 2000-25

Table 3: Bucharest metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Table 4: Bucharest metropolitan area – GDP per capita comparison, 2000-25 ($)

Table 5: Bucharest metropolitan area – employment structure, 2000-25 (% of total)

Table 6: Bucharest metropolitan area – population comparison, 2000-25 (million)

Table 7: Bucharest metropolitan area – population by age, 2000-25 (% of total)

Table 8: Bucharest metropolitan area – mass transit network indicators, 2020

Table 9: Bucharest Henri Coandă International Airport – key airport indicators, 2022*

Table 10: Bucharest city – prime office rents, Q1 2022

Table 11: Bucharest city – total tourist arrivals, 2019-21

Table 12: Bucharest city – tourist overnight stays, 2019-21

Table 13: Bucharest metropolitan area – MICE and other events

List of Figures

List of Figures

Figure 1: Bucharest metropolitan area – real GDP and real GDP growth, 2000-25

Figure 2: Bucharest metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Figure 3: Bucharest metropolitan area – GDP per capita comparison, 2000-25

Figure 4: Bucharest metropolitan area – employment structure, 2000-25 (% of total)

Figure 5: Bucharest metropolitan area – population comparison, 2000-25

Figure 6: Bucharest metropolitan area – population by age, 2000-25 (% of total)

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