Romania’s current account deficit widened to EUR 847 million in December of 2019 from EUR 755 million in the same month of the previous year. The goods gap increased to EUR 1825 million from EUR 1727 million in December of 2018; and the primary income shortfall rose to EUR 133 million from EUR 43 million. In contrast, the services surplus increased slightly to EUR 677 million from EUR 664 million and the primary income surplus went up to EUR 434 million from EUR 338 million. Romania Current Account - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Current Account in Romania averaged -454.04 EUR Million from 1997 until 2019, 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.
Current Account in Romania is expected to be -620.00 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 -1050.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -920.00 EUR Million in 2021, according to our econometric models.