Romania Current Account to GDP

Romania recorded a Current Account deficit of 1.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Romania averaged -3.46 Percent from 1980 until 2013, reaching an all time high of 6.60 Percent in 1988 and a record low of -13.40 Percent in 2007. Current Account to GDP in Romania is reported by the Ministerul Finantelor Publice.

   
 
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Romania Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -4.40 6.60 -13.40 1980 - 2013 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.

Trade Last Previous Highest Lowest Unit
Balance of Trade -534.50 -634.60 137.60 -2542.10 EUR Million [+]
Exports 4341.80 4176.60 4702.00 143.20 EUR Million [+]
Imports 4876.30 4811.20 5521.70 219.70 EUR Million [+]
Current Account -53.00 -37.00 463.90 -2290.00 EUR Million [+]
Current Account to GDP -1.10 -4.40 6.60 -13.40 Percent [+]
External Debt 76115.00 76181.50 80784.00 13078.60 EUR Million [+]
Remittances 484.00 488.00 1425.00 276.00 EUR Million [+]
Gold Reserves 103.72 103.72 105.32 103.67 Tonnes [+]





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