Romania's current account deficit increased significantly to EUR 1025 million in October 2018 from EUR 488 million in the same month of the previous year. The goods shortfall jumped to EUR 1788 million from EUR 1243 million and the primary income gap increased to EUR 163 million from EUR 108 million. Also, the secondary income surplus decreased to EUR 180 million from EUR 186 million whereas the services surplus rose to EUR 746 million from EUR 676 million. Current Account in Romania averaged -449.58 EUR Million from 1997 until 2018, 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 -620.00 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 -846.67 in 12 months time. In the long-term, the Romania Current Account is projected to trend around -370.00 EUR Million in 2020, according to our econometric models.

Romania Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-13 10:00 AM Current Account €-1061M €-1165M €-544M
2018-10-15 10:15 AM Current Account €-1053M €-1043M €-220M
2018-11-13 12:00 PM Current Account €-619M €-1137M €-572M
2018-12-14 10:50 AM Current Account €-1025M €-695M €-565M
2019-01-15 10:30 AM Current Account €-1025M
2019-02-14 10:30 AM Current Account € -620M
2019-03-15 01:30 PM Current Account


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1889.60 -971.00 137.60 -2542.10 EUR Million [+]
Current Account -1025.00 -695.00 831.00 -2344.00 EUR Million [+]
Current Account to GDP -3.40 -2.10 6.60 -13.80 percent [+]
Imports 8229.90 6810.70 8229.90 219.70 EUR Million [+]
Exports 6340.30 5839.70 6340.30 143.20 EUR Million [+]
External Debt 98853.00 97994.00 102679.50 13078.60 EUR Million [+]
Remittances 808.00 644.00 1724.00 595.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Weapons Sales 2.00 108.00 173.00 0.00 USD Million [+]
Crude Oil Production 70.00 70.00 146.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 610.27 487.34 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1025.00 -695.00 831.00 -2344.00 1997 - 2018 EUR Million Monthly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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