Romania Government Debt To GDP

Romania recorded a Government Debt to GDP of 37.90 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Romania is reported by the Eurostat. From 1999 until 2012, Romania Government Debt To GDP averaged 22.6 Percent reaching an all time high of 37.9 Percent in December of 2012 and a record low of 12.4 Percent in December of 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. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
37.90 34.70 37.90 12.40 41.00 | 2013/12 1999 - 2012 Percent Yearly

TO

Romania Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 47.35 [+]
Government Budget -3.00 2012-12-31 -5.60 1.70 -9.00 -2.70 2013-12-31 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 37.90 2012-12-31 34.70 37.90 12.40 41.00 2013-12-31 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 Inflation Rate at 1.00 Percent  
The inflation rate in Romania was recorded at 1 percent in March of 2014. Inflation Rate in Romania is reported by the Institutul National de Statistica.
Romania Construction Output at -14.70 Percent  
Construction output in Romania decreased 14.70 percent in February of 2014 over the same month in the previous year. Construction Output in Romania is reported by the Eurostat.
Romania Consumer Price Index (CPI) at 100.03 Index Points  
Consumer Price Index (CPI) in Romania decreased to 100.03 Index Points in March of 2014 from 100.33 Index Points in February of 2014. Consumer Price Index (CPI) in Romania is reported by the Institutul National de Statistica.
Romania Consumer Spending at 28454.50 RON Million  
Consumer Spending in Romania increased to 28454.50 RON Million in the fourth quarter of 2013 from 28127.80 RON Million in the third quarter of 2013. Consumer Spending in Romania is reported by the Institutul National de Statistica.
Romania Employed Persons at 4363.10 Thousand  
The number of employed persons in Romania increased to 4363.10 Thousand in January of 2014 from 4328 Thousand in December of 2013. Employed Persons in Romania is reported by the Institutul National de Statistica.
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 External Debt at 76555.00 EUR Million  
External Debt in Romania decreased to 76555 EUR Million in February of 2014 from 78354.30 EUR Million in January of 2014. External Debt in Romania is reported by the National Bank of Romania.
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.
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