Romania Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Romania's budget deficit stood at -8.16% in 2025, a rise of +0.52% from 2024. The IMF projects -8.16% by 2025. Romania ranked 171st globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -5.04% | - | - |
| 2029* IMF | -5.49% | - | - |
| 2028* IMF | -5.58% | - | - |
| 2027* IMF | -5.69% | - | - |
| 2026* IMF | -5.82% | - | - |
| 2025* IMF | -8.16% | - | - |
| 2025 | -8.16% | +0.52% | #171 |
| 2024 | -8.68% | −3.07% | #14 |
| 2023 | -5.61% | +0.22% | #33 |
| 2022 | -5.83% | +0.87% | #39 |
| 2021 | -6.70% | +2.84% | #45 |
| 2020 | -9.54% | −4.99% | #40 |
| 2019 | -4.55% | −1.81% | #39 |
| 2018 | -2.74% | +0.12% | #65 |
| 2017 | -2.86% | −0.36% | #76 |
| 2016 | -2.50% | −1.15% | #96 |
| 2015 | -1.35% | +0.41% | #136 |
| 2014 | -1.76% | +0.68% | #119 |
| 2013 | -2.44% | −0.06% | #94 |
| 2012 | -2.39% | +1.75% | #93 |
| 2011 | -4.14% | +2.09% | #57 |
Detected Pattern
Analysis
Romania matched the Fiscal Dominance Trap pattern in 2023. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Romania's budget deficit was -8.16% in 2025. Ranked 171st globally. This represents a 6.0% increase from the previous year.
Romania's budget deficit peaked at 3.23% in 1991.
The lowest budget deficit in Romania was -9.54% in 2020.
Romania ranks 171st globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Romania's budget deficit is projected to reach -8.16% by 2025 based on IMF projection.
The budget deficit of Romania in 2025 was -8.16%. This ranks 171st in the world.
Cite this page
@misc{historysaid_romania_budget-deficit,
title = {Romania Budget Deficit},
url = {https://historysaid.com/romania/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}