At end-2025, the country’s public debt stood at RON1,283 billion, weighing 67% in the GDP.
In January-March 2026, the public debt increased by RON22 billion.
Of the total amount, the public government debt climbed to RON1,277.1 billion, compared to RON1,255 billion in December 2025, accounting for 62.1% of GDP, with the bulk representing long-term debt totaling RON890 billion.
RON-denominated debt reaches RON661 billion, EUR-denominated debt stands at RON488 billion and dollar-denominated debt at RON123 billion.
The debt of the local public administration stood at RON28 billion in March 2026, similar to the level at end-2025. Almost the entire local debt is on a term exceeding five years.
Romanian Finance Minister Alexandru Nazare recently said that Romania has already secured approximately half (roughly 49%) of its planned financing needs for 2026.
The gross financing needs for 2026 (refinancing and covering the budget deficit) reach RON278 billion (RON128 billion to cover the deficit, provided the deficit target stays at 6.2% of GDP). Romania’s budget deficit reached 1.75% of GDP in January-May 2026, which is significantly lower than 3.39% of GDP recorded in the same period of 2025.