Romania's public deficit reportedly better than expected, at 7.65% of GDP in 2025
Romania's general government budget deficit was around RON 145 billion or 7.65% of GDP last year under cash terms, larger than the 7.1% of GDP initial target and the 7.5% of GDP target set in July – but also below the 8.4% of GDP value set…
iulian ernst · Journalist
· Updated · 3 min read
Romania's general government budget deficit was around RON 145 billion or 7.65% of GDP last year under cash terms, larger than the 7.1% of GDP initial target and the 7.5% of GDP target set in July – but also below the 8.4% of GDP value set under the budget planning revised in September and endorsed by the European Commission. The figure cited by local media (Ziarul Financiar, Profit.ro) on January 20, if confirmed next week by official preliminary data, would mark a 1 percentage point improvement compared to the 8.65% of GDP deficit in 2024.
Romania plans a deficit of 6.0%-6.5% of GDP in 2026, but the government's budget plan is expected to be submitted to lawmakers around mid-February.
