Romania’s current account deficit widened to EUR 1,210 million in May of 2019 from EUR 899 million in the same month of the previous year. The goods and services gap rose to EUR 728 million from EUR 555 million in May of 2018; the primary income shortfall went up to EUR 693 million from EUR 659 million and the secondary income surplus narrowed to EUR 212 million from EUR 315 million. Current Account in Romania averaged -455.88 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
2019-04-12 09:30 AM Current Account €-638M €70M €-455M
2019-05-14 09:30 AM Current Account €-753M €-761M €-570M
2019-06-13 10:15 AM Current Account €-1239M €-827M €-720M
2019-07-15 11:30 AM Current Account €-1210M €-1121M €-880M
2019-08-13 10:00 AM Current Account €-1210M €-1160M
2019-09-13 10:00 AM Current Account €-1050M
2019-10-14 10:15 AM Current Account €-1220M


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1481.60 -1384.20 137.60 -2542.10 EUR Million [+]
Current Account -1210.00 -1121.00 831.00 -2344.00 EUR Million [+]
Current Account to GDP -4.50 -3.20 6.60 -13.60 percent [+]
Imports 7754.30 6917.80 8227.10 219.70 EUR Million [+]
Exports 6272.70 5533.60 6337.50 143.20 EUR Million [+]
External Debt 103081.50 99814.00 103081.50 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 57.02 198.97 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1210.00 -1121.00 831.00 -2344.00 1997 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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