Romania’s public debt has increased by RON63.5 billion since the beginning of 2021, from almost RON500 billion (47.4% of the GDP). At the onset of the crisis, in December 2019, the country’s public debt stood at RON373.5 billion, or 35.3% of the GDP.
Of the RON552 billion total government debt, RON531 billion represents debt on the medium and long term and the remainder represents short-term debt.