IMF Improves Outlook for Romania's GDP Contraction to 4.8%

For 2021, the IMF sees the Romanian economy growing 4.6% from a previous projection of 3.9%.

Inflation is seen at 2.9% in Romania in 2020, revised upwards from the April projection of 2.2%. For 2021, the IMF sees Romania’s inflation rate at 2.5%.

The IMF estimates Romania will end 2020 with a current account deficit of 5.3% (from 5.5% forecast previously) and an unemployment rate of 7.9% (from 10% previously).