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 -3.31 percent from 1980 until 2015, reaching an all time high of 6.60 percent in 1988 and a record low of -13.50 percent in 2007.

Romania Current Account to GDP
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Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -786.80 -1024.60 137.60 -2542.10 EUR Million [+]
Exports 5241.20 4445.20 5241.20 143.20 EUR Million [+]
Imports 6028.00 5469.80 6028.00 219.70 EUR Million [+]
Current Account -30.00 -339.00 833.00 -2344.00 EUR Million [+]
Current Account to GDP -1.00 -0.80 6.60 -13.50 percent [+]
External Debt 90677.10 90092.00 102679.50 13078.60 EUR Million [+]
Remittances 1051.00 799.00 1724.00 729.00 EUR Million [+]
Gold Reserves 103.70 103.70 105.32 103.67 Tonnes [+]
Crude Oil Production 80.00 80.00 146.23 79.41 BBL/D/1K [+]
Foreign Direct Investment 116.90 275.20 2933.00 -393.80 EUR Million [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Weapons Sales 2.00 108.00 173.00 1.00 USD Million [+]



Romania Current Account to GDP Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -0.80 6.60 -13.50 1980 - 2015 percent Yearly



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