Romania's current account deficit edged down to EUR 1,002 million in August of 2020 from EUR 1,026 million in the corresponding period of the previous year. The primary income shortfall narrowed to EUR 256 million from EUR 411 million a year earlier and the secondary income surplus rose to EUR 262 million from EUR 178 million. On the other hand, the goods and services gap widened to EUR 1,008 million from EUR 792 million.

Current Account in Romania averaged -460.95 EUR Million from 1997 until 2020, reaching an all time high of 901 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 October of 2020.

Current Account in Romania is expected to be -720.00 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 -990.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -920.00 EUR Million in 2021 and -850.00 EUR Million in 2022, according to our econometric models.

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Romania Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1002.00 -987.00 901.00 -2344.00 1997 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-14 10:30 AM May €-775M €-1096M € -890M
2020-08-13 10:00 AM Jun €-880M €-523M € -910M
2020-09-14 10:00 AM Jul €-960M €-836M
2020-10-14 10:00 AM Aug €-1002M €-987M €-755M
2020-11-13 11:00 AM Sep €-1002M € -650M
2020-12-14 11:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Romania Current Account Gap Narrows Slightly in August
Romania's current account deficit edged down to EUR 1,002 million in August of 2020 from EUR 1,026 million in the corresponding period of the previous year. The primary income shortfall narrowed to EUR 256 million from EUR 411 million a year earlier and the secondary income surplus rose to EUR 262 million from EUR 178 million. On the other hand, the goods and services gap widened to EUR 1,008 million from EUR 792 million.
2020-10-14
Romania Current Account Deficit Shrinks in July
Romania's current account deficit shrank to EUR 960 million in July of 2020 from EUR 1,665 million in the corresponding period of the previous year. The gods gap narrowed to EUR 723 million from EUR 1,095 million a year earlier and the primary income shortfall declined to EUR 317 million from EUR 697 million. Meantime, the services surplus edged down to EUR 666 million from EUR 679 million and the secondary income surplus fell to EUR 80 million from EUR 126 million.
2020-09-14
Romania Current Account Deficit Narrows in June
Romania's current account deficit narrowed to EUR 880 million in June 2020 from EUR 959 million in the corresponding period of the previous year, as the primary income shortfall dropped to EUR 510 million from EUR 953 million. Also, the services surplus decreased to EUR 761 million from EUR 763 million a year earlier. Meanwhile, the goods gap widened to EUR 1,439 million from EUR 1,219 million and the secondary income surplus fell to EUR 49 million from EUR 113 million.
2020-08-13
Romania Current Account Gap Narrows in May
Romania's current account deficit narrowed to EUR 775 million in May 2020 from EUR 1,156 million in the same period last year, as the goods gap declined to EUR 1,264 million from EUR 1,415 million and the primary income deficit fell to EUR 522 million from EUR 610 million. At the same time, the services surplus increased to EUR 844 million from EUR 768 million and the secondary income surplus rose to EUR 168 million from EUR 101 million.
2020-07-14

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).