Romania Posts Current Account Gap of EUR8.778B in Jan-Oct
12.14.2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
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Statistical Office: Romanian Construction Works Up 4.2% YoY In May 2025 yesterday, 10:54
The volume of construction works in Romania grew by 4.2% in unadjusted data and by 2.9% when adjusted for the number of working days and... more
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ING Bank Cuts Its Growth Forecast For Romania's Economy In 2025 To 0.3%, Sees Inflation Peaking At 8% In September-October 07.17.2025
ING Bank has lowered its economic growth forecast for Romania in 2025 to 0.3% from its previous estimate of 0.8% and sees an “inflation hump”... more
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Statistical Office: Romania's Industrial Sales Up 2.1% YoY In January-May 2025 07.17.2025
Romania’s industrial sales (on the domestic and external markets) grew by 2.1% in nominal terms in January-May 2025 compared with the same period... more
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Fitch Ratings: Measures Unveiled By Romania's Government May Have Significant Impact On Economic Growth 07.16.2025
Fitch Ratings has announced in a press statement that the fiscal package unveiled by Romania's Government led by Prime Minister Ilie Bolojan is... more
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Statistical Office: Romania's Energy Output Down 10% YoY In January-May 2025 07.15.2025
Romania's energy output decreased by an annual 10% in January-May 2025, with the biggest decline, of nearly 30%, being recorded by hydro power... more
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Statistical Office: Romania's Industrial Production Down 5.3% YoY In January-April 2025 07.15.2025
Romania's industrial production decreased by 2.8% in January-May 2025 in unadjusted data compared with the same period of 2024 and was down 1.3%... more
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Central Bank: Romania’s Current Account Deficit Skyrockets To EUR12.6B YoY In January-May 2025 07.14.2025
Romania's current account deficit surged to EUR12.6 billion in January-May 2025, compared with the EUR8.6 billion level in the same period of 2024,... more
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Statistics Office: Romania Annual Inflation Rate Climbs To 5.7% in June 2025 07.11.2025
Romania’s annual inflation rate went up to 5.7% in June, after having climbed to 5.5% in May, the highest level of the past year and a half. more
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Statistical Office: Romania’s Trade Deficit Widens 16.4% YoY To EUR14B In January-May 2025 07.10.2025
Romania's trade balance posted a deficit of EUR14 billion in January-May 2025, higher by 16.4% than the level recorded in the same interval of... more
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Moody’s: Romania Govt Deficit Reduction Package, A “Major Step” Toward Restoring Fiscal Balance 07.10.2025
International rating agency Moody’s considers the fiscal-budgetary measures recently adopted by the Romanian government as an “important... more
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Statistics Board Reconfirms Romania’s 0.3% GDP Growth in Q1/2025 Vs Q1/2024 07.10.2025
Romania’s Statistics Board INS reconfirmed the country’s gross domestic product (GDP) growth of 0.3% in unadjusted data and of 0.6% in... more
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Erste Group: Fiscal Consolidation In Romania Strong Enough To Avoid Loss Of Investment Grade 07.09.2025
The analysts of the Erste Group, which owns BCR in Romania, say in a report that international investors are currently paying close attention to... more
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Romania’s Central Bank Keeps Key Rate Unchanged At 6.5% A Year 07.08.2025
Romania's central bank has decided in its Board meeting on Tuesday (July 8, 2025) to keep its key interest rate unchanged at 6.5% a year. more
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Statistics Institute: Romania Retail Sales Up 2.6% in Jan-May 2025 YOY 07.07.2025
Romania retail sales volume (excluding the trade with motor vehicles and motorcycles) increased in the first five months of 2025 against the... more
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Statistical Office: Romania's Industrial Producer Price Index Up 0.9% YoY In May 2025 07.03.2025
Romania’s industrial producer price index (PPI) edged 0.9% higher year-on-year in May 2025, as per data from the country's statistical office INS. more
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It’s Official: VAT Goes Up To 21%, Dividend Tax Rises From 10% To 16% 07.02.2025
The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT... more
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Statistical Office: Romania Unemployment Rate Inches Up To 5.8% Month-On-Month In May 2025 07.02.2025
Romania’s unemployment rate stood at 5.8% in May 2025, higher by 0.1 percentage points than the 5.7% level recorded in April 2025, data from the... more
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Statistical Office: Romania's Construction Permits For Residential Buildings Up 0.6% YoY In January-May 2025 07.01.2025
Romanian authorities issued 14,134 residential building permits in January-May 2025, 0.6% more than in the same period of 2024, data from the... more
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Romania Posts Budget Deficit Of RON64.2B Or 3.39% GDP In January-May 2025 06.27.2025
Romania’s general consolidated budget posted a deficit of RON64.2 billion in January-May 2025, or 3.39% of the gross domestic product (GDP),... more
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Romania Private Lending Growth Accelerates to 9.7% in May 2025 06.26.2025
Romania private lending growth sped up in May to 9.7%, to a total amount of RON431 billion, amid the 11.3% increase in the RON component and the... more
Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.