Romania recorded a government budget deficit of 54702.10 RON Million in August of 2020.

Government Budget Value in Romania averaged -6398.27 RON Million from 1992 until 2020, reaching an all time high of 3486.70 RON Million in January of 2019 and a record low of -54702.10 RON Million in August of 2020. This page provides - Romania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Budget Value - values, historical data and charts - was last updated on October of 2020.

Government Budget Value in Romania is expected to be -15031.63 RON Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Romania to stand at -15031.63 in 12 months time. In the long-term, the Romania Government Budget Value is projected to trend around -14987.78 RON Million in 2021, according to our econometric models.

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Romania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-54702.10 -50826.10 3486.70 -54702.10 1992 - 2020 RON Million Monthly
Current Prices, NSA

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 -54702.10 -50826.10 3486.70 -54702.10 RON Million [+]
Government Spending 2388.00 2304.10 3385.10 528.80 RON Million [+]
Government Spending to GDP 36.00 34.80 40.00 33.20 percent [+]
Government Revenues 85233.70 74415.50 152477.40 3701.40 RON Million [+]
Government Debt 358742.50 346624.20 358742.50 38469.80 RON Million [+]
Fiscal Expenditure 139935.70 125241.50 200556.60 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 4258.00 3622.00 8759.00 1775.00 USD Million [+]
Asylum Applications 60.00 335.00 750.00 45.00 persons [+]

Romania Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.