Romania recorded a Government Budget deficit equal to 9.20 percent of the country's Gross Domestic Product in 2020. source: Ministerul Finantelor Publice

Government Budget in Romania averaged -3.29 percent of GDP from 1993 until 2020, reaching an all time high of 0.50 percent of GDP in 1993 and a record low of -9.20 percent of GDP in 2020. This page provides - Romania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Budget - values, historical data and charts - was last updated on June of 2021.

Government Budget in Romania is expected to reach -7.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Government Budget is projected to trend around -6.20 percent of GDP in 2022 and -5.90 percent of GDP in 2023, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Romania Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-9.20 -4.40 0.50 -9.20 1993 - 2020 percent of GDP Yearly

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.30 35.30 47.30 6.60 percent of GDP [+]
Government Budget -9.20 -4.40 0.50 -9.20 percent of GDP [+]
Government Budget Value -24469.10 -16565.60 3486.70 -105906.60 RON Million [+]
Government Spending 2537.80 2555.80 3385.10 528.80 RON Million [+]
Government Spending to GDP 42.40 36.20 42.40 33.20 percent of GDP [+]
Government Revenues 54942.60 38259.70 152477.40 3701.40 RON Million [+]
Government Debt 358742.50 346624.20 358742.50 38469.80 RON Million [+]
Fiscal Expenditure 79411.70 54825.30 246929.90 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 5579.00 4613.00 9163.00 1857.00 USD Million [+]
Asylum Applications 790.00 1040.00 1170.00 45.00 persons [+]


Romania Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.