Romania Current Account to GDP  1980-2017 | Data | Chart | Calendar

Romania recorded a Current Account deficit of 2.30 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Romania averaged -3.39 percent from 1980 until 2016, reaching an all time high of 6.60 percent in 1988 and a record low of -13.80 percent in 2007.

Romania Current Account to GDP
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Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1049.10 -1055.80 137.60 -2542.10 EUR Million [+]
Exports 4774.60 5711.00 5711.00 143.20 EUR Million [+]
Imports 5823.70 6766.70 6766.70 219.70 EUR Million [+]
Current Account -617.00 -692.00 666.00 -2344.00 EUR Million [+]
Current Account to GDP -2.30 -1.20 6.60 -13.80 percent [+]
External Debt 94085.80 93191.80 102679.50 13078.60 EUR Million [+]
Remittances 561.00 842.00 1724.00 561.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Crude Oil Production 75.00 75.00 146.00 75.00 BBL/D/1K [+]
Foreign Direct Investment 148.40 324.20 2933.00 -393.80 EUR Million [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Weapons Sales 2.00 108.00 173.00 1.00 USD Million [+]

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



Romania Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Romania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.30 -1.20 6.60 -13.80 1980 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16