In October alone, the deficit grew by EUR2.3 billion.
The primary income balance, which includes compensation of employees, investment income (direct investment, portfolio investment, other investment) and other primary income (taxes, subsidies), posted a deficit of EUR3.4 billion in January-October 2021, higher by EUR689 million from the same period in 2020.
The services balance recorded a surplus of EUR7.4 billion in the first ten months of 2021, lower by EUR381 million than in the same period of 2020, with the transport segment generating almost half the amount (EUR3.4 billion). The tourism-travel segment saw its deficit widening to EUR1.5 billion at the end of October 2021, compared with EUR1.2 billion at end-October 2020.
The secondary income balance, which includes current private transfers and transfers of the general government, reduced its surplus by EUR645 million to EUR930 million in the first ten months of 2021, compared to EUR1.5 billion in the same period of 2020.
Foreign direct investment (FDI) stood at EUR6.88 billion in January-October 2021, compared with EUR2.13 billion in January-October 2020. Of total FDI, equity stakes (including estimated net reinvestment of earnings) amounted to EUR5.41 billion, while net intra-group lending stood at EUR1.46 billion, the data showed
Romania’s total external debt increased by EUR5.82 billion in January-October 2021, standing at EUR132.6 billion. Long-term debt stood at EUR96.4 billion at end-October 2021, accounting for 72.7% of total external debt, up 3.1% versus December 31, 2020. Short-term debt stood at EUR36.1 billion end-October 2021, accounting for 27.3% of the total external debt, up 8.8% sine end-2020.