Budget balance — all countries

Budget balance — Romania

Budget balance in Romania in 2031 — -5.2%. Ranked 160 in the world out of 188. Since 1990, the indicator has fallen by 6.2 pp.

2031 -5.2% +0.2 pp vs 2030
World rank 160of 188
Period maximum 3.2%1991
Period minimum -9.6%2020

Trend over time

1990–2031 · % of GDP

Budget balance — Romania, 1990–2031-10-5051990199520002005201020152020202520301990: 1%1991: 3.2%1992: -4.6%1993: -0.3%1994: -2.2%1995: -3.3%1996: -4.7%1997: -5.2%1998: -5.3%1999: -3.6%2000: -4%2001: -3.2%2002: -2.6%2003: -2.3%2004: -3.4%2005: -0.7%2006: -1.4%2007: -3%2008: -4.6%2009: -6.9%2010: -6.2%2011: -4.1%2012: -2.4%2013: -2.4%2014: -1.8%2015: -1.3%2016: -2.5%2017: -2.9%2018: -2.8%2019: -4.6%2020: -9.6%2021: -6.7%2022: -5.9%2023: -5.7%2024: -8.7%2025: -7.6%2026: -6.2%2027: -5.8%2028: -5.7%2029: -5.6%2030: -5.4%2031: -5.2%
Change over the period: −6.2 pp Annual average: -0.15 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Romania

Romania -5.2%
World computed -4.85%
Europe & Central Asia computed -2.49%
Eastern Europe computed -3.65%
High-income countries computed -4.26%
Budget balance — Romania, by year Romania All countries CSV XLSX
Year % Change, pp
2031 -5.2 +0.2 pp
2030 -5.4 +0.2 pp
2029 -5.6 +0.1 pp
2028 -5.7 +0.1 pp
2027 -5.8 +0.4 pp
2026 -6.2 +1.4 pp
2025 -7.6 +1.1 pp
2024 -8.7 −3 pp
2023 -5.7 +0.2 pp
2022 -5.9 +0.8 pp
2021 -6.7 +2.9 pp
2020 -9.6 −5 pp
2019 -4.6 −1.8 pp
2018 -2.8 +0.1 pp
2017 -2.9 −0.4 pp
2016 -2.5 −1.2 pp
2015 -1.3 +0.5 pp
2014 -1.8 +0.6 pp
2013 -2.4 +0 pp
2012 -2.4 +1.7 pp
2011 -4.1 +2.1 pp
2010 -6.2 +0.7 pp
2009 -6.9 −2.3 pp
2008 -4.6 −1.6 pp
2007 -3 −1.6 pp
2006 -1.4 −0.7 pp
2005 -0.7 +2.7 pp
2004 -3.4 −1.1 pp
2003 -2.3 +0.3 pp
2002 -2.6 +0.6 pp
2001 -3.2 +0.8 pp
2000 -4 −0.4 pp
1999 -3.6 +1.7 pp
1998 -5.3 −0.1 pp
1997 -5.2 −0.5 pp
1996 -4.7 −1.4 pp
1995 -3.3 −1.1 pp
1994 -2.2 −1.9 pp
1993 -0.3 +4.3 pp
1992 -4.6 −7.8 pp
1991 3.2 +2.2 pp
1990 1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.