Romania: Romania’s CA deficit hits 7.8% of GDP in 12 months to September, (…)

November 14, 2024

Romania’s CA deficit hits 7.8% of GDP in 12 months to September, after 26% y/y advance
Nov 14, 2024

Romania’s CA deficit hits 7.8% of GDP in 12 months to September, after 26% y/y advance.

Romania’s current account (CA) deficit has widened by 26% y/y to EUR 26.3 billion in 12 months to September 2024, according to data published by the National Bank of Romania (BNR). It was a new record after the costly energy imports pushed up the CA gap in 2022 after the onset of the war in (…)

[Read the article in Romania Business Insider]

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