Romania's current account gap narrowed slightly to EUR 1,110 million in June 2019 from EUR 1,152 million in the same month a year earlier. The good and services shortfall decreased to EUR 448 million from EUR 544 million a year ago while the secondary income surplus widened to EUR 178 million from EUR 144 million. On the other hand, the primary income deficit rose to EUR 841 million from EUR 752 million. Considering the second quarter of 2019, Romania’s current account gap widened to EUR 3,976 million from EUR 2,689 million in the same period of 2018. Current Account in Romania averaged -459.64 EUR Million from 1997 until 2019, reaching an all time high of 831 EUR Million in March of 2015 and a record low of -2344 EUR Million in May of 2008.

Current Account in Romania is expected to be -820.00 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 -980.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -420.00 EUR Million in 2020, according to our econometric models.

Romania Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-14 09:30 AM Current Account Mar €-753M €-761M €-570M
2019-06-13 10:15 AM Current Account Apr €-1239M €-827M €-720M
2019-07-15 11:30 AM Current Account May €-1210M €-1121M €-880M
2019-08-13 10:00 AM Current Account Jun €-1110M €-1474M €-1160M
2019-09-13 10:00 AM Current Account Jul €-1110M €-1050M
2019-10-14 10:15 AM Current Account Aug €-1220M
2019-11-13 12:00 PM Current Account Sep €-820M


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1130.90 -1483.20 137.60 -2542.10 EUR Million [+]
Current Account -1110.00 -1210.00 831.00 -2344.00 EUR Million [+]
Current Account to GDP -4.50 -3.20 6.60 -13.60 percent [+]
Imports 6690.50 7754.90 8227.10 219.70 EUR Million [+]
Exports 5559.60 6271.70 6337.50 143.20 EUR Million [+]
External Debt 103671.00 103526.20 103671.00 13078.60 EUR Million [+]
Remittances 861.00 931.00 1724.00 594.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Tourist Arrivals 139818.00 150913.00 337836.00 66422.00 persons [+]
Crude Oil Production 70.00 70.00 146.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 313.86 10.26 2933.00 -393.80 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Romania Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1110.00 -1210.00 831.00 -2344.00 1997 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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