Romania Government Debt To GDP

Romania recorded a Government Debt to GDP of 38.40 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Romania is reported by the Eurostat. Government Debt To GDP in Romania averaged 23.63 Percent from 1999 until 2013, reaching an all time high of 38.40 Percent in 2013 and a record low of 12.40 Percent in 2006. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Romania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
38.40 38.00 38.40 12.40 38.75 | 2014/06 1999 - 2013 Percent Yearly

TO

Romania Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 47.35 [+]
Government Budget -2.30 2013-12-31 -3.00 1.70 -9.00 -1.74 2014-06-30 Percent of GDP [+]
Government Budget Value -4670.90 2014-02-28 619.20 1363.80 -35173.30 -8450.12 2014-03-31 RON Million [+]
Government Spending 1377.70 2013-11-15 1347.90 1921.00 1111.90 1324.86 2014-03-31 RON Million [+]
Government Debt To GDP 38.40 2013-12-31 38.00 38.40 12.40 38.75 2014-06-30 Percent [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Romania Exports at 4338.90 EUR Million  
Exports in Romania increased to 4338.90 EUR Million in February of 2014 from 3935.70 EUR Million in January of 2014. Exports in Romania is reported by the Institutul National de Statistica.
Romania GDP Constant Prices at 32907.50 RON Million  
GDP Constant Prices in Romania increased to 32907.50 RON Million in the fourth quarter of 2013 from 32388 RON Million in the third quarter of 2013. GDP Constant Prices in Romania is reported by the Institutul National de Statistica.
Romania Government Spending at 1377.70 RON Million  
Government Spending in Romania increased to 1377.70 RON Million in the fourth quarter of 2013 from 1347.90 RON Million in the third quarter of 2013. Government Spending in Romania is reported by the Institutul National de Statistica.
Romania Gross Fixed Capital Formation at 8537.90 RON Million  
Gross Fixed Capital Formation in Romania increased to 8537.90 RON Million in the fourth quarter of 2013 from 8505.60 RON Million in the third quarter of 2013. Gross Fixed Capital Formation in Romania is reported by the Institutul National de Statistica.
Romania Imports at 4653.70 EUR Million  
Imports in Romania increased to 4653.70 EUR Million in February of 2014 from 4186.90 EUR Million in January of 2014. Imports in Romania is reported by the Institutul National de Statistica.
Romania Job Vacancies Rate at 0.74 Percent  
Job Vacancies in Romania decreased to 0.74 percent in the fourth quarter of 2013 from 0.78 percent in the third quarter of 2013. Job Vacancies in Romania is reported by the Institutul National de Statistica.
Romania Labour Costs at 145.40 Index Points  
Labour Costs in Romania increased to 145.40 Index Points in the fourth quarter of 2013 from 140.70 Index Points in the third quarter of 2013. Labour Costs in Romania is reported by the Eurostat.
Romania Producer Prices at 115.10 Index Points  
Producer Prices in Romania decreased to 115.10 Index Points in February of 2014 from 115.30 Index Points in January of 2014. Producer Prices in Romania is reported by the Institutul National de Statistica.
Romania Producer Prices Change at -1.17 Percent  
Producer Prices in Romania decreased 1.17 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Romania is reported by the Institutul National de Statistica.
Romania Remittances at 488.00 EUR Million  
Remittances in Romania decreased to 488 EUR Million in the fourth quarter of 2013 from 619 EUR Million in the third quarter of 2013. Remittances in Romania is reported by the Eurostat.
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