Romania's current account deficit widened to EUR 1,438 million in September 2020 from EUR 843 million in the corresponding month of the previous year. The goods and services gap rose to EUR 866 million from EUR 503 million a year earlier and the primary income shortfall went up to EUR 662 million from EUR 442 million. Also, the secondary income surplus narrowed to EUR 89 million from EUR 102 million. source: National Bank of Romania
Current Account in Romania averaged -466.76 EUR Million from 1997 until 2020, reaching an all time high of 901 EUR Million in March of 2015 and a record low of -2344 EUR Million in May of 2008. This page provides the latest reported value for - Romania Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Current Account in Romania is expected to be -720.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Romania to stand at -990.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -920.00 EUR Million in 2021 and -850.00 EUR Million in 2022, according to our econometric models.