Fitch expects Romania’s ESA public deficit at 7% of GDP next year and 6.5% in 2027

Rating agency Fitch, based on Romania’s 2025 budget revision and the macroeconomic forecast predicting muted growth of 0.7% this year rising to 1.2% in 2026 and 2027, projected that the country’s public deficit under ESA methodology would decline from 9.3% last year to 8.5% in 2025, followed by gradual reduction to 7% of GDP in 2026 and 6.5% in 2027.

This is a one-year delay compared to the trajectory set by the country under the seven-year fiscal consolidation plan sketched last autumn, when the 2024 gap was estimated at 7.9% instead of the actual 9.3% value.