Romania recorded a Current Account deficit of 1646 EUR Million in January of 2025. This dataset 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.

Key information about Romania Current Account Balance: % of GDP

• Romania Current Account deficit accounted for 8.7 % of the country's Nominal GDP in Dec 2024, compared with a 9.0 % deficit in the previous quarter.
• Romania Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Dec 2024, with an average value of -5.8 %.
• The data reached an all-time high of 4.2 % in Mar 2015 and a record low of -16.9 % in Jun 2008.

CEIC calculates Current Account Balance as % of Nominal GDP from monthly Current Account Balance and quarterly Nominal GDP. The National Bank of Romania provides Current Account Balance in EUR. The National Institute of Statistics provides Nominal GDP in local currency. The National Bank of Romania average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2005 is sourced from the International Monetary Fund.


Key information about Romania Current Account Balance: % of GDP

• In the latest reports of Romania, Current Account recorded a deficit of 3.1 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 493.2 USD mn in Dec 2024.
• Romania Direct Investment Abroad expanded by 141.4 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 1.6 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 86.0 USD bn in Mar 2023.

Romania recorded a Current Account deficit of 7.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - Romania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Romania - Current account, net balance was -9.50 % of GDP in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Current account, net balance - last updated from the EUROSTAT on March of 2025. Historically, Romania - Current account, net balance reached a record high of 4.20 % of GDP in March of 2015 and a record low of -16.90 % of GDP in June of 2008.

Current account balance (BoP, current US$) in Romania was reported at --24460513015 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Romania Balance of Payments (BoP): Debit: Current Account (CA) data was reported at 13,986.000 EUR mn in Dec 2024. This records a decrease from the previous number of 14,880.000 EUR mn for Nov 2024. Romania Balance of Payments (BoP): Debit: Current Account (CA) data is updated monthly, averaging 6,337.000 EUR mn from Jan 2005 (Median) to Dec 2024, with 240 observations. The data reached an all-time high of 15,799.000 EUR mn in Oct 2024 and a record low of 1,783.000 EUR mn in Jan 2005. Romania Balance of Payments (BoP): Debit: Current Account (CA) data remains active status in CEIC and is reported by National Bank of Romania. The data is categorized under Global Database’s Romania – Table RO.JB001: BPM6: Balance of Payments.

Romania RO: BOP: Current Account: Trade in Services: % of GDP data was reported at 17.873 % in 2017. This records an increase from the previous number of 16.661 % for 2016. Romania RO: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 9.493 % from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 17.873 % in 2017 and a record low of 3.050 % in 1989. Romania RO: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Romania RO: BOP: Current Account: Primary Income: Receipts data was reported at 3.591 USD bn in 2017. This records an increase from the previous number of 3.124 USD bn for 2016. Romania RO: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 173.000 USD mn from Dec 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 3.750 USD bn in 2008 and a record low of 16.000 USD mn in 1973. Romania RO: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Between 1970 and 1981, Romania's annual current accounts combined to give -7.6 billion U.S. dollars. This balance was achieved through its negative trade balance and accumulated foreign debt, particularly with the west. The 1980s, however, saw Romania reverse this debt through severe austerity measures, which began in 1981; these measures eventually canceled Romania's debt and drove down living standards for Romanian citizens, and were a key factor in the outbreak of the Romanian Revolution in December 1989.

Romania RO: BOP: Current Account: Imports: Service data was reported at 14.447 USD bn in 2017. This records an increase from the previous number of 11.372 USD bn for 2016. Romania RO: BOP: Current Account: Imports: Service data is updated yearly, averaging 1.222 USD bn from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 14.447 USD bn in 2017 and a record low of 295.000 USD mn in 1972. Romania RO: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.

Romania - Current account, net balance on Primary income was -3.10 % of GDP in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Current account, net balance on Primary income - last updated from the EUROSTAT on March of 2025. Historically, Romania - Current account, net balance on Primary income reached a record high of 3.00 % of GDP in March of 2020 and a record low of -5.90 % of GDP in June of 2008.

Romania RO: BOP: Current Account: Primary Income: Net data was reported at -5.551 USD bn in 2017. This records a decrease from the previous number of -4.999 USD bn for 2016. Romania RO: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -459.000 USD mn from Dec 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 161.000 USD mn in 1990 and a record low of -5.713 USD bn in 2007. Romania RO: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Romania - Balance of payments, current account was EUR-1646.40 Million in January of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Balance of payments, current account - last updated from the EUROSTAT on March of 2025. Historically, Romania - Balance of payments, current account reached a record high of EUR-699.80 Million in January of 2023 and a record low of EUR-3409.60 Million in October of 2024.

Romania RO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 19.620 % in 2017. This records an increase from the previous number of 18.622 % for 2016. Romania RO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 40.616 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 78.400 % in 1989 and a record low of 15.871 % in 2013. Romania RO: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Romania - Balance of payments, current and capital account was EUR-2165.30 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Balance of payments, current and capital account - last updated from the EUROSTAT on March of 2025. Historically, Romania - Balance of payments, current and capital account reached a record high of EUR681.30 Million in October of 2022 and a record low of EUR-3318.20 Million in October of 2024.

Romania RO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 2.660 % in 2017. This records a decrease from the previous number of 4.722 % for 2016. Romania RO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 6.755 % from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 10.136 % in 2012 and a record low of 2.660 % in 2017. Romania RO: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Romania - Balance of payments, capital account was EUR20.90 Million in January of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Balance of payments, capital account - last updated from the EUROSTAT on March of 2025. Historically, Romania - Balance of payments, capital account reached a record high of EUR2507.80 Million in October of 2022 and a record low of EUR20.90 Million in January of 2025.

Romania - Balance of payments, financial account was EUR-1121.20 Million in January of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Balance of payments, financial account - last updated from the EUROSTAT on March of 2025. Historically, Romania - Balance of payments, financial account reached a record high of EUR616.20 Million in April of 2023 and a record low of EUR-3776.60 Million in July of 2024.

Romania RO: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 101.709 USD bn in 2017. This records an increase from the previous number of 87.497 USD bn for 2016. Romania RO: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 12.833 USD bn from Dec 1973 (Median) to 2017, with 45 observations. The data reached an all-time high of 101.709 USD bn in 2017 and a record low of 3.872 USD bn in 1973. Romania RO: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Romania - Balance of payments, financial account on Portfolio Investment was EUR-603.80 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Balance of payments, financial account on Portfolio Investment - last updated from the EUROSTAT on March of 2025. Historically, Romania - Balance of payments, financial account on Portfolio Investment reached a record high of EUR1427.10 Million in April of 2024 and a record low of EUR-7022.10 Million in January of 2023.