Romania

Country profiles
Country profiles

Romania

  • Corporate Tax Haven Index ranking: 43
  • Financial Secrecy Index ranking: 56
  • Tax loss each year to tax havens: $874,432,845
  • Tax loss inflicted on other countries: $0

Country profile

Tax abuse losses

$874,432,845

lost in tax every year to global tax abuse

$861,946,120

lost to tax avoidance committed by multinational corporations

$12,486,725

lost to tax evasion committed by private individuals

  • Equivalent to 2.12% tax revenue (tax revenue in 2020 : $41,214,720,655 trillion)
  • Equivalent to loss of $45 per member of population (Population: 19,595,519.06)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#43

Global Rank (First is Worst)

55.61/100

Haven Score (100 is Worst)

0.47%

Share of global tax havenry

Financial Secrecy Index 2020
#56

Global Rank (First is Worst)

62.63/100

Haven Score (100 is Worst)

0.66%

Share of global tax secrecy

Harm to other countries

$0

in tax lost by other countries

$0

by enabling corporate tax avoidance

$0

by enabling private tax evasion

Responsible for 0.00% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
0 nurses

Social impact of lost tax

Tax loss equivalent to 10.16% of health budget
Tax loss equivalent to 12.89% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
65,922 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 61.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (43.4%)
Kazakhstan (16.8%)
Bulgaria (10.4%)

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