Romania’s current account deficit keeps widening in January but at slower pace
Romania’s current account (CA) deficit has widened by 16% y/y to EUR 1.65 billion in January, after the 37% y/y surge in 2024, according to data published by the central bank BNR.
iulian ernst · Journalist
· Updated · 2 min read
Romania’s current account (CA) deficit has widened by 16% y/y to EUR 1.65 billion in January, after the 37% y/y surge in 2024, according to data published by the central bank BNR.
The improvement in Romania’s external balance, expected for this year, is not yet visible in the January CA figures. The country’s GDP is no longer leaping up at a high pace (partly thanks to lower inflation but also because of moderate economic growth) as in the past years, and this means the CA gap should at least stay constant nominally if not contract, in order to result in a smaller deficit-to-GDP ratio.
