Romania Current Account to GDP  1980-2016 | Data | Chart | Calendar

Romania is expected to record a current account deficit equivalent to 1 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Romania averaged -3.39 percent from 1980 until 2014, reaching an all time high of 6.60 percent in 1988 and a record low of -13.50 percent in 2007. Current Account to GDP in Romania is reported by the Ministerul Finantelor Publice.

Romania Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -0.80 6.60 -13.50 1980 - 2015 percent Yearly
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 May of 2016.


Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -611.20 -382.70 137.60 -2542.10 EUR Million [+]
Exports 4811.20 4117.70 5041.70 143.20 EUR Million [+]
Imports 5422.40 4500.40 5870.00 219.70 EUR Million [+]
Current Account -505.00 168.00 662.00 -2344.00 EUR Million [+]
Current Account to GDP -1.00 -0.80 6.60 -13.50 percent [+]
External Debt 89630.10 89710.20 102679.50 13078.60 EUR Million [+]
Remittances 484.00 488.00 1425.00 276.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Foreign Direct Investment 286.17 207.73 2933.00 -393.83 EUR Million [+]
Crude Oil Production 81.00 81.00 146.23 79.41 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]




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