Romania’s current account gap rose to EUR 1,464 million in July of 2019 from EUR 1,142 million in the same month a year earlier. It is the highest current account deficit since September of 2008, as the goods shortfall widened to EUR 1,772 million from EUR 1,294 million in July of 2018 and the secondary income surplus fell to EUR 136 million from EUR 158 million. At the same time, the services surplus edged up to EUR 728 million from ERU 725 million and the primary income gap narrowed to ERU 557 million from EUR 733 million. Current Account in Romania averaged -462.20 EUR Million from 1997 until 2019, reaching an all time high of 831 EUR Million in March of 2015 and a record low of -2344 EUR Million in May of 2008.

Current Account in Romania is expected to be -820.00 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 -980.00 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -420.00 EUR Million in 2020, according to our econometric models.

Romania Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-06-13 10:15 AM Current Account Apr €-1239M €-827M €-720M
2019-07-15 11:30 AM Current Account May €-1210M €-1121M €-880M
2019-08-13 10:00 AM Current Account Jun €-1110M €-1474M €-1160M
2019-09-13 10:00 AM Current Account Jul €-1464M €-1021M €-1050M
2019-10-14 10:15 AM Current Account Aug €-1464M €-1220M
2019-11-13 12:00 PM Current Account Sep €-820M
2019-12-16 11:00 AM Current Account Oct €-970M


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1755.50 -1130.00 137.60 -2542.10 EUR Million [+]
Current Account -1464.00 -1021.00 831.00 -2344.00 EUR Million [+]
Current Account to GDP -4.50 -3.20 6.60 -13.60 percent [+]
Imports 7596.60 6690.00 8227.10 219.70 EUR Million [+]
Exports 5841.10 5560.00 6337.50 143.20 EUR Million [+]
External Debt 107611.00 103671.00 107611.00 13078.60 EUR Million [+]
Remittances 856.00 853.00 1724.00 594.00 EUR Million [+]
Gold Reserves 103.65 103.70 105.32 103.65 Tonnes [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Tourist Arrivals 301092.00 286135.00 337836.00 66422.00 persons [+]
Crude Oil Production 70.00 70.00 146.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 313.86 10.26 2933.00 -393.80 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1464.00 -1021.00 831.00 -2344.00 1997 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


Related

Latest