Macroeconomics
Private Pension Funds Overshoot 10% Of GDP Mark For First Time
Mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) exceeded the threshold of 10% of Romania’s Gross Domestic Product in July 2025, for the first time since...
Eurostat: Romania Has Highest Budget Deficit Of All EU Countries, 7.5%, In Q1, 2025
Romania continues to have the highest budget deficit of all the EU member countries, 7.5% in the first quarter of 2025, while the EU average is 2.9%, Eurostat data show.
Romania’s Public Debt Overshoots RON1,000B Mark In April 2025
Romania’s public debt overshot the RON1,000 billion mark in April and increased by RON15 billion to RON1,013 billion. It accounted for 56.6% of GDP compared with 55.8% in March, Finance Mini...
Eurostat: Romania’s Government Debt To GDP Ratio Below EU Average In Q1, 2025
The European Union recorded an average general government deficit to GDP ratio of 81.8% at the end of the first quarter of 2025. Romania was below this level, with 55.8%, 16th in the debt-to...
Statistical Office: Romanian Construction Works Up 4.2% YoY In May 2025
The volume of construction works in Romania grew by 4.2% in unadjusted data and by 2.9% when adjusted for the number of working days and seasonality, in May 2025 compared to May 2024, data f...
ING Bank Cuts Its Growth Forecast For Romania's Economy In 2025 To 0.3%, Sees Inflation Peaking At 8% In September-October
ING Bank has lowered its economic growth forecast for Romania in 2025 to 0.3% from its previous estimate of 0.8% and sees an “inflation hump” forming over the next 6-9 months, with inflation...
Statistical Office: Romania's Industrial Sales Up 2.1% YoY In January-May 2025
Romania’s industrial sales (on the domestic and external markets) grew by 2.1% in nominal terms in January-May 2025 compared with the same period in 2024, due to the mining industry spiking...
Fitch Ratings: Measures Unveiled By Romania's Government May Have Significant Impact On Economic Growth
Fitch Ratings has announced in a press statement that the fiscal package unveiled by Romania's Government led by Prime Minister Ilie Bolojan is expected to have a substantial budgetary impac...
Statistical Office: Romania's Energy Output Down 10% YoY In January-May 2025
Romania's energy output decreased by an annual 10% in January-May 2025, with the biggest decline, of nearly 30%, being recorded by hydro power generation, as per data released by the country...