External Debt in Romania

Romania External Debt | Economic News & Forecasts

Romania - External Debt

In Q1 2022, the economy likely performed well despite escalating food and energy prices and progressively tighter monetary policy. Retail sales grew healthily in Q1 relative to the Q4 average, aided by the robust labor market and the lifting of Covid-19 restrictions in March. Moreover, economic sentiment stayed upbeat throughout the quarter. On the downside, industrial activity through February averaged below Q4’s reading; activity in February was weighed down by weakness in the energy and mining subsectors. Turning to Q2, government support to households and SMEs and resilient economic sentiment should be supporting momentum. In other news, on 15 April the government drafted a tax law change that, if approved, will support the exploitation of Romania’s Black Sea natural gas reserves. This would significantly boost the public budget, renew investment and further energy independence.

Romania - External Debt Data

2015   2016   2017   2018   2019  
External Debt (% of GDP)59.0  55.3  52.0  48.8  47.4  

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Romania External Debt Chart

Romania External Debt
Note: External debt as % of GDP.
Source: National Bank of Romania.

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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