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

Abstract

Summary

“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.

Content

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
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
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)