Romania's current account deficit widened to EUR 1.61 billion in May of 2021, from EUR 0.93 billion in the same month last year. It was the largest current account deficit for a May month since 2008, as the goods gap expanded to EUR 1.82 billion from EUR 1.26 billion a year earlier and the services surplus narrowed to EUR 0.66 billion from EUR 0.84 billion. Meanwhile, the primary income deficit rose slightly to EUR 0.59 billion from EUR 0.52 billion and the secondary income surplus shrank to EUR 0.13 billion from EUR 0.17 billion. source: National Bank of Romania
Current Account in Romania averaged -499.22 EUR Million from 1997 until 2021, reaching an all time high of 871 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 July of 2021.
Current Account in Romania is expected to be -1300.00 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 -1350.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -1450.00 EUR Million in 2022 and -1400.00 EUR Million in 2023, according to our econometric models.