Current Account in Romania

Romania Current Account (EUR bn) | Economic News & Forecasts

Romania - Current Account (billions of Euros)

Available first-quarter indicators suggest that household spending remains a force to be reckoned with; retail sales through March hint that last year’s household-spending binge found its second wind. Moreover, employment gains through March, as well as the recent upturn in inflation, also point to resilient economic activity. Import growth through February does the same. Industrial output, meanwhile, has been lackluster since the outset of the year—in line with sector-specific weakness regionwide—and is expected to bruise fixed investment, which has been hobbled for several quarters. That said, the government’s recent easing of its controversial new tax on banks’ assets should serve to boost economic sentiment in the near-term.

Romania - Current Account (EUR bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (EUR bn)-1.5  -1.0  -2.0  -3.6  -6.3  

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Romania Current Account (EUR bn) Chart


Romania Current Account
Note: Current account balance as % of GDP.
Source: National Bank of Romania.

Romania Facts

ValueChangeDate
Bond Yield5.030.23 %May 13
Exchange Rate4.24-0.34 %May 13
Stock Market8,165-0.59 %May 13

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