Romania’s public deficit halves y/y to 0.7% of GDP in January-February
The general government deficit of Romania contracted by 53% y/y to RON 14.2 billion (EUR 2.8 billion) in January-February, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 0.7%, compared to 1.6% in the…
iulian ernst · Journalist
· Updated · 2 min read
The general government deficit of Romania contracted by 53% y/y to RON 14.2 billion (EUR 2.8 billion) in January-February, according to data published by the Finance Ministry. The deficit-to-GDP ratio reached 0.7%, compared to 1.6% in the same period of 2025.
The outcome, encouraging for the full year deficit target of 6.2%, was partly due to one-off factors such as the early disbursement of dividends in December 2025 ahead of the higher dividend tax enforced in January, and expenditure restrictions in January-March before the approval of the 2026 budget plan. Other factors, such as robust VAT collection or restricted payroll, could be permanent and have a permanent impact on the level of revenues and expenditures.
