Romania's current account deficit widened to EUR 1.32 billion in December 2020, from EUR 0.82 billion in the same month last year, as the goods deficit increased to EUR 2.04 billion from EUR 1.80 billion and the primary income gap rose to EUR 0.47 billion from EUR 0.15 billion. Meanwhile, the services surplus was up to EUR 0.78 billion from EUR 0.71 billion while the secondary income surplus was unchanged at EUR 0.41 billion. Considering 2020 full year, the current account deficit widened to EUR 10.98 billion from EUR 10.48 billion in 2019. source: National Bank of Romania
Current Account in Romania averaged -473.26 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 February of 2021.
Current Account in Romania is expected to be -600.00 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 -920.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -850.00 EUR Million in 2022, according to our econometric models.