Romania recorded a government budget deficit of 34749.80 RON Million in November of 2019. Government Budget Value in Romania averaged -5693.46 RON Million from 1992 until 2019, reaching an all time high of 3486.70 RON Million in January of 2019 and a record low of -35173.30 RON Million in December of 2009.

Government Budget Value in Romania is expected to be -15126.08 RON Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Romania to stand at -15031.63 in 12 months time. In the long-term, the Romania Government Budget Value is projected to trend around -14987.78 RON Million in 2020, according to our econometric models.


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Romania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-34749.80 -27172.50 3486.70 -35173.30 1992 - 2019 RON Million Monthly
Current Prices, NSA


Romania Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.10 35.20 39.20 6.60 percent [+]
Government Budget -3.00 -2.70 0.50 -9.10 percent of GDP [+]
Government Budget Value -34749.80 -27172.50 3486.70 -35173.30 RON Million [+]
Government Spending 2555.40 2273.70 3385.10 528.80 RON Million [+]
Government Spending to GDP 35.00 33.60 40.00 33.20 percent [+]
Government Revenues 137424.60 124771.20 144012.00 3701.40 RON Million [+]
Government Debt 323601.80 314907.90 323601.80 38469.80 RON Million [+]
Fiscal Expenditure 172174.40 151943.70 174674.20 2850.50 RON Million [+]
Military Expenditure 4258.00 3622.00 8759.00 1775.00 USD Million [+]
Credit Rating 55.00 [+]
Asylum Applications 225.00 155.00 750.00 45.00 persons [+]