Bucharest-Ilfov is one of the eight regions for development in Romania, composed of Bucharest city and Ilfov County. It has a population of 2,121,794 inhabitants (July 2018) and an area of 1,804 km². The network of localities within Bucharest-Ilfov Region consists of 9 cities, 32 communes, and 91 villages.
According to Eurostat 2018, the Bucharest-Ilfov region is the most developed in Romania, with a GDP per capita (expressed in standard purchasing power) of 139% of the European average, over regions including other European capitals such as Athens (92%), Madrid (125%), Berlin (118%) or Budapest (102%).
The region's economy is dominated mostly by the functions of the capital, the active population of the region being linked to the units operating here. The Bucharest-Ilfov region is the largest industrial agglomeration in Romania, where all industrial branches are present. Trade, warehousing, logistics and distribution, administration-communal households, constructions have evolved rapidly, so the region is distancing as a development level from other regions despite its unfavorable geographic position.
The Bucharest-Ilfov region generates 25% of the total national economy and has the largest share in Romania's exports (21.8% in the first eight months of 2015). In Bucharest, there are established almost all major Romanian companies, from OMV Petrom to Rompetrol Downstream, Orange Romania, Vodafone, British American Tobacco, and Telekom Romania.
Also in Bucharest are located the most important transportation hubs of railroad, air-national and international of the country. The region is located at the intersection of two European multi-modal corridors: Priority axis no. 7 (Nădlac - Constanţa), Priority axis Giurgiu - Albiţa, planned to be built in the period ahead, and the European Priority axis no. 18 (the proximity of the Danube). Air and multi-modal accessibility are provided by the international airport "Henri Coandă" (Otopeni), the largest international airport in Romania.