Romania Posts Current Account Gap of EUR8.778B in Jan-Oct

12.14.2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
-
Statistical Office: Romania's Industrial Sales Down 3.8% On The Month In November 2024
01.23.2025
Romania’s industrial sales (on the domestic and external markets) decreased by 3.8% in nominal terms in November 2024 compared with October... more
-
CFA Romania: Economic Confidence Rose in December, But Remains Extremely Low Amid Uncertainties
01.23.2025
The Macroeconomic Confidence Index of CFA Romania rose in December, by 6.7 points to 38.1 points, but remains at an extremely low level amid high... more
-
Colliers: Romania’s Economy Enters 2025 With Positive Long-Term Prospects, But With Significant Challenges Ahead
01.22.2025
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers consultants predict... more
-
Was Fitch in a hurry when it lowered Romania's rating outlook? What arguments are there for Standard & Poor's and Moody's not to do the same? And 10 questions.
01.20.2025
-
Statistical Office: Romanian Construction Works Down 5% YoY In January-November 2024
01.20.2025
The volume of construction works in Romania decreased, in unadjusted data, by 5% in January-November 2024 and by 3.9% when adjusted for the number... more
-
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.5%, In December 2024
01.17.2025
Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's... more
-
Statistical Office: Romania's GDP Per Capita Calculated On The Basis Of PPP At 78% Of EU Average In 2023
01.17.2025
Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in... more
-
World Bank Downgrades Romania GDP Growth Forecasts
01.17.2025
The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the... more
-
Romania Average Net Salary Up 2.3% In November 2024 vs October 2024
01.16.2025
The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data... more
-
IMF Replaces Romania Mission Head, Set to Visit Bucharest in Early Feb. for Meetings with Romania Govt and National Bank to “Review Recent Economic and Financial Developments”
01.16.2025
An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement. more
-
Statistics Board: Romania's Industrial Production Down 3.8% In November 2024 vs October 2024
01.15.2025
Romania's industrial production decreased by 3.8% in November 2024, in unadjusted data, compared to October 2024, and by 0.6% when adjusted for the... more
-
Romania's Annual Inflation Rate At 5.1% In December 2024
01.14.2025
Romania's annual inflation rate stood at 5.1% in December 2024, remaining unchanged from the level recorded in November 2024, data from the... more
-
Romania's Current Account Deficit Widens To EUR27B YoY In January-November 2024
01.13.2025
Romania's current account deficit stood at EUR26.3 billion in January-November 2024, higher by nearly EUR7 billion than the EUR19.7 billion level... more
-
Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
01.10.2025
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous... more
-
Statistics Board: Romania's Economy Grows 1.2% YoY In Q3/2024
01.10.2025
Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a... more
-
Statistics Board: Romania Retail Sales Grow 8.7% YoY In January-November 2024
01.10.2025
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when... more
-
Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
01.10.2025
Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period... more
-
Statistics Board: Romania Housing Permits Up 1.1% YoY In November 2024
01.09.2025
Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
more
Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
more
Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
more
Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
more
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
more
Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
more
Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
more
Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.