Romania recorded a government debt equivalent to 35.20 percent of the country's Gross Domestic Product in 2019. source: Ministry of Public Finance, Romania

Government Debt to GDP in Romania averaged 24.67 percent from 1995 until 2019, reaching an all time high of 39.20 percent in 2014 and a record low of 6.60 percent in 1995. This page provides - Romania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Debt to GDP - values, historical data and charts - was last updated on April of 2021.

Government Debt to GDP in Romania is expected to reach 55.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Government Debt to GDP is projected to trend around 65.00 percent in 2022 and 60.00 percent in 2023, according to our econometric models.

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Romania Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
35.20 34.70 39.20 6.60 1995 - 2019 percent Yearly

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.20 34.70 39.20 6.60 percent [+]
Government Budget -4.30 -2.90 0.50 -9.10 percent of GDP [+]
Government Budget Value -8430.80 -112.30 3486.70 -105906.60 RON Million [+]
Government Spending 2555.80 2336.80 3385.10 528.80 RON Million [+]
Government Spending to GDP 36.00 34.80 40.00 33.20 percent [+]
Government Revenues 24316.90 15563.40 152477.40 3701.40 RON Million [+]
Government Debt 358742.50 346624.20 358742.50 38469.80 RON Million [+]
Fiscal Expenditure 32747.70 15675.80 246929.90 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 5098.00 4359.00 9478.00 1921.00 USD Million [+]
Asylum Applications 495.00 335.00 750.00 45.00 persons [+]


Romania Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.