Romania’s CA deficit deepens by 37% y/y to 8.3% of GDP in 2024
The deficit of Romania’s current account (CA) has widened by 37% y/y to EUR 29.4 billion in 2024, amid a deterioration in all its main segments: trade in goods and services, primary incomes (dividends, interest, wage remittances) and…
iulian ernst · Journalist
· Updated · 2 min read
The deficit of Romania’s current account (CA) has widened by 37% y/y to EUR 29.4 billion in 2024, amid a deterioration in all its main segments: trade in goods and services, primary incomes (dividends, interest, wage remittances) and secondary incomes (transfers), according to data published by the National Bank of Romania (BNR).
The CA-to-GDP ratio deepened to -8.3% in 2024, based on the official 2024 GDP estimate (EUR 355 billion), from -6.6% in 2023 but still below the -9.4% in 2022 when the country’s external balance deteriorated under the pressure of costly energy imports.
