Romania's current account deficit widened to EUR 1.65 billion in September of 2021, from EUR 1.29 billion in the same month last year. It was the largest current account deficit for a September month since 2008, as the goods gap expanded to EUR 2.09 billion from EUR 1.57 billion a year earlier and the services surplus narrowed to EUR 0.75 billion from EUR 0.91 billion. Meanwhile, the primary income deficit shrank by half to EUR 0.35 billion and the secondary income surplus narrowed to EUR 0.38 billion from EUR 0.66 billion. source: National Bank of Romania

Current Account in Romania averaged -509.42 EUR Million from 1997 until 2021, reaching an all time high of 871 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 December of 2021.

Current Account in Romania is expected to be -1590.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Current Account is projected to trend around -1650.00 EUR Million in 2022 and -1600.00 EUR Million in 2023, according to our econometric models.

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Romania Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 10:00 AM Aug €-1194M €-1745M
2021-11-15 11:00 AM Sep €-1652M €-1036M
2021-12-14 11:00 AM Oct €-1652M


Related Last Previous Unit Reference
Current Account -1652.00 -1194.00 EUR Million Sep/21
External Debt 133632.80 135211.00 EUR Million Sep/21
Remittances 896.00 1113.00 EUR Million Mar/21
Foreign Direct Investment 803.80 521.04 EUR Million Sep/21

News Stream
Romania Current Account Gap Widens in September
Romania's current account deficit widened to EUR 1.65 billion in September of 2021, from EUR 1.29 billion in the same month last year. It was the largest current account deficit for a September month since 2008, as the goods gap expanded to EUR 2.09 billion from EUR 1.57 billion a year earlier and the services surplus narrowed to EUR 0.75 billion from EUR 0.91 billion. Meanwhile, the primary income deficit shrank by half to EUR 0.35 billion and the secondary income surplus narrowed to EUR 0.38 billion from EUR 0.66 billion.
2021-11-15
Romania Current Account Gap Narrows in August
Romania’s current account deficit narrowed to EUR 1.2 billion in August of 2021, from EUR 1.3 billion in the same month last year as both services surplus increased to 0.69 billion from EUR 0.67 billion a year earlier and secondary income surplus expanded to EUR 0.33 billion from EUR 0.28 billion. Also, the primary income gap narrowed to EUR 0.37 billion from EUR 0.6 billion. Meanwhile, the goods deficit rose to EUR 1.8 billion from EUR 1.6 billion.
2021-10-14
Romania Current Account Gap Widens Sharply in May
Romania's current account deficit widened to EUR 1.61 billion in May of 2021, from EUR 0.93 billion in the same month last year. It was the largest current account deficit for a May month since 2008, as the goods gap expanded to EUR 1.82 billion from EUR 1.26 billion a year earlier and the services surplus narrowed to EUR 0.66 billion from EUR 0.84 billion. Meanwhile, the primary income deficit rose slightly to EUR 0.59 billion from EUR 0.52 billion and the secondary income surplus shrank to EUR 0.13 billion from EUR 0.17 billion.
2021-07-14

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).