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TOOL · GROSS COST

How much would a basic income cost in Romania?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 16,034,838child population 3,026,224year 2023World Bank WDI

GROSS ANNUAL COST

168,460 million

in RONRON 168,460,320,000

Equal to 10.6% of reference GDP

Population covered: 19,061,062 people

Adults: 16,034,838 × RON 800 × 12 = RON 153,934,444,800

Children: 3,026,224 × RON 400 × 12 = RON 14,525,875,200

RON 153,934,444,800 + RON 14,525,875,200 = RON 168,460,320,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $347,757,995,759 · World Bank WDI

Currency RON · exchange rate 4.5743 RON/USD (2023)

Converted cost $36,827,629,779 for the GDP share.