Romania reports 7.65% of GDP public deficit in 2025, 1pp consolidation from 2024
Romania’s general government budget deficit contracted by 4.2% y/y to RON 146 billion (EUR 28 billion) in 2025, according to preliminary data published by the Ministry of Finance. The deficit-to-GDP ratio contracted by 1 percentage point…
iulian ernst · Journalist
· Updated · 3 min read
Romania’s general government budget deficit contracted by 4.2% y/y to RON 146 billion (EUR 28 billion) in 2025, according to preliminary data published by the Ministry of Finance. The deficit-to-GDP ratio contracted by 1 percentage point (pp) from 8.67% in 2024 to 7.65% in 2025, mainly driven by expenditure held under control by the executive under the package of budgetary measures legislated in December 2024.
The packages legislated in July 2025 and later during last year should drive the deficit, other things equal, close to 6.0% of GDP in 2026, according to rough consensus estimates.
