Romania’s current account deficit rose to EUR 1,155 million in March of 2020 from EUR 944 million in the same month of the previous year. The goods shortfall widened to EUR 1,823 million from EUR 1,331 million a year earlier and the services surplus decreased slightly to EUR 496 million from EUR 514 million. On the other hand, the primary income gap fell to EUR 33 million from EUR 167 million while the secondary income surplus rose to EUR 205 million from EUR 40 million. Considering the January to March period of 2020, the country's current account gap widened to EUR 1,365 million from EUR 1,120 million in the same period a year ago.

Current Account in Romania averaged -452.98 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 June of 2020.

Current Account in Romania is expected to be -980.00 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 -1050.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -920.00 EUR Million in 2021, according to our econometric models.

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Romania Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1155.00 -310.00 901.00 -2344.00 1997 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-13 11:00 AM Dec €-847M €-597M €-980M
2020-03-16 10:50 AM Jan €149M €-847M €380M
2020-04-14 10:00 AM Feb €-574M €249M €-165M
2020-05-14 10:00 AM Mar €-1155M €-310M € -620M
2020-06-15 10:00 AM Apr €-1155M
2020-07-14 10:00 AM May
2020-08-13 10:00 AM Jun € -980M
2020-09-14 10:00 AM Jul


News Stream
Romania Current Account Gap Widens in March
Romania’s current account deficit rose to EUR 1,155 million in March of 2020 from EUR 944 million in the same month of the previous year. The goods shortfall widened to EUR 1,823 million from EUR 1,331 million a year earlier and the services surplus decreased slightly to EUR 496 million from EUR 514 million. On the other hand, the primary income gap fell to EUR 33 million from EUR 167 million while the secondary income surplus rose to EUR 205 million from EUR 40 million. Considering the January to March period of 2020, the country's current account gap widened to EUR 1,365 million from EUR 1,120 million in the same period a year ago.
2020-05-14
Romania Current Account Gap Widens in February
Romania’s current account deficit widened to EUR 574 million in February 2020 from EUR 410 million in the same month of the previous year. The goods and services gap rose to EUR 937 million from EUR 533 million a year earlier and the primary income surplus narrowed to EUR 101 million from EUR 181 million. On the other hand, the secondary income account posted a EUR 262 million surplus, compared to a EUR 59 million shortfall in February 2019.
2020-04-14
Romania Current Account Surplus Shrinks in January
Romania’s current account surplus narrowed to EUR 149 million in January 2020 from EUR 322 million in the same month of the previous year. The services surplus shrank to EUR 684 million from EUR 740 million in January 2019 and the secondary income surplus fell to EUR 21 million from EUR 214 million. In addition, the goods gap widened to EUR 1294 million from EUR 1214 million while the primary income surplus rose to EUR 739 million from EUR 583 million.
2020-03-16
Romania Current Account Gap Rises in December
Romania’s current account deficit widened to EUR 847 million in December of 2019 from EUR 755 million in the same month of the previous year. The goods gap increased to EUR 1825 million from EUR 1727 million in December of 2018; and the primary income shortfall rose to EUR 133 million from EUR 43 million. In contrast, the services surplus increased slightly to EUR 677 million from EUR 664 million and the primary income surplus went up to EUR 434 million from EUR 338 million.
2020-02-13

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).