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: 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
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Statistical Office: Romanian Construction Works Inch 0.5% Lower YoY In April 2025 06.19.2025
The volume of construction works in Romania fell slightly by 0.5% in unadjusted data and by 2.8% when adjusted for the number of working days and... more
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CFA Romania: Economic Confidence Soars in May 06.19.2025
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index. more
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Finance Ministry Data: Romania's Public Debt Climbs To RON998B In March 2025 06.18.2025
Romania's public debt kept rising in March 2025, totaling RON998 billion and weighing 56.1% in the gross domestic product (GDP), as per finance... more
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Eurostat: Romania Sees Highest Annual Increase In Hourly Labor Costs In The European Union In Q1/2025 06.17.2025
Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by... more
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Statistical Office: Romania's Energy Output Down 5% YoY In January-April 2025 06.16.2025
Romania's energy output decreased by an annual 5% in January-April 2025, to 5.917 million tons of oil equivalent (TOE), mostly due to a decline in... more
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Statistical Office: Romania's Industrial Production Down 5.3% YoY In January-April 2025 06.13.2025
Romania's industrial production decreased by 5.3% in January-April 2025 in unadjusted data compared to the same period of 2024 and was down 2.6%... more
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Statistical Office: Romania Unemployment Rate At 6.2% In Q1/2025, Higher By 0.3 PPTs vs Q4/2024 06.13.2025
Romania’s unemployment rate stood at 6.2% in the first quarter of 2025, higher by 0.3 percentage points than the level recorded in the fourth... more
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Central Bank: Romania's Current Account Deficit Skyrockets To EUR10B YoY In January-April 2025 06.13.2025
Romania's current account deficit surged to EUR10.1 billion in January-April 2025, compared to the EUR6.28 billion level reported in the same... more
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Statistical Office: Romania Average Net Salary Up 8.2% YoY In April 2025 06.13.2025
The average net salary in Romania stood at RON5,647 (EUR1,121) in April 2025, higher by 8.2% in nominal terms compared to April 2024 and by 3.2%... more
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Fitch Ratings: Reducing Record Deficits, Stabilizing Public Debt Remain Essential For Assessing Romania’s Rating 06.12.2025
International rating agency Fitch Ratings says that reducing record deficits and stabilizing public debt remain essential for assessing Romania’s... more
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Statistical Data: 10,962 Housing Units Delivered In Romania YoY In Q1/2025 06.12.2025
A total of 10,962 dwellings were put into use in Romania in the first quarter of 2025, fewer by 398 units than in the same period of 2024, data... more
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Statistical Office: Net Investment In Romania Up 4.3% YoY To RON37B In Q1/2025 06.12.2025
Net investment in Romania's economy increased by 4.3% to RON37.48 billion (EUR7.57 billion) in the first quarter of 2025 compared to the same... more
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Statistical Office: Romania's Annual Inflation Rate Hits 12-Month High At 5.5% In May 2025 06.12.2025
Romania's annual inflation rate jumped to 5.5% in May 2025 after stagnating at 4.9% in March and April 2025, data from the country's statistical... more
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Statistical Office: Total Monthly Average Income In Romania Up 15.3% To RON8,270/Household In 2024 06.10.2025
In 2024, the total monthly average income in Romania stood at RON8,270 per household, in nominal terms, representing RON3,302 per person and... 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.