Economy of Bucharest

industrialised city in Romania, producing around 21% of the country's GDP and about one-quarter of its industrial production, while only accounting for 9% of the country's population.^[1] Almost one third of national taxes is paid by Bucharest's citizens and companies. In 2009, at purchasing power parity, Bucharest had a per-capita GDP of €26,100, or 111% that of the European Union average and more than twice the Romanian average.^[2] The city's strong economic growth has revitalised infrastructure and led to the development of many shopping malls and modern residential towers and high-rise office buildings. In September 2005, Bucharest had an unemployment rate of 2.6%, significantly lower than the national unemployment rate of 5.7%.^[3]

Rasdaq. The Speedtest Global Index ranks Bucharest the 6th city in the world (after Beijing, Shanghai, Abu Dhabi, Valparaíso, and Lyon) in terms of fixed broadband speed, at 250Mbps in 2023.^[5]

City Mall, Mega Mall, Park Lake and Unirea Shopping Center. However, there are also a large number of traditional markets; the one at Obor covers about a dozen city blocks, and numerous large stores that are not officially part of the market effectively add up to a market district almost twice that size.^{[citation needed}