Romania recorded a Current Account deficit of 1463 EUR Million in February of 2021. source: National Bank of Romania

Current Account in Romania averaged -475.61 EUR Million from 1997 until 2021, 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 May of 2021.

Current Account in Romania is expected to be -990.00 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 -930.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -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
-1463.00 -164.00 901.00 -2344.00 1997 - 2021 EUR Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-01-13 11:00 AM Nov €-1080M €-989M
2021-02-15 11:00 AM Dec €-1320M €-987M
2021-03-16 11:00 AM Jan €-239M €-1320M
2021-04-13 08:45 AM Feb €-1463M €-164M
2021-05-14 10:00 AM Mar €-1463M
2021-06-14 10:00 AM Apr
2021-07-14 10:00 AM May
2021-08-13 10:00 AM Jun

News Stream
Romania Current Account Deficit Shrinks in January
Romania's current account deficit shrank to EUR 239 million in January 2021, from EUR 376 million in the same month last year, as the goods deficit decreased to EUR 1,243 million from EUR 1,299 million and the services surplus was up to EUR 775 million from EUR 549 million. Meantime, the primary income surplus narrowed to EUR 356 million from EUR 387 million while the secondary income deficit rose to EUR 128 million from EUR 13 million.
Romania Current Account Gap Widens in December
Romania's current account deficit widened to EUR 1.32 billion in December 2020, from EUR 0.82 billion in the same month last year, as the goods deficit increased to EUR 2.04 billion from EUR 1.80 billion and the primary income gap rose to EUR 0.47 billion from EUR 0.15 billion. Meanwhile, the services surplus was up to EUR 0.78 billion from EUR 0.71 billion while the secondary income surplus was unchanged at EUR 0.41 billion. Considering 2020 full year, the current account deficit widened to EUR 10.98 billion from EUR 10.48 billion in 2019.
Romania Current Account Gap Rises in September
Romania's current account deficit widened to EUR 1,438 million in September 2020 from EUR 843 million in the corresponding month of the previous year. The goods and services gap rose to EUR 866 million from EUR 503 million a year earlier and the primary income shortfall went up to EUR 662 million from EUR 442 million. Also, the secondary income surplus narrowed to EUR 89 million from EUR 102 million.
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.

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).