The rolling 12-month CA deficit reached EUR 30.5 billion, or 7.8% of GDP, in July 2026, from EUR 28.3 billion (7.3% of GDP) in May 2026 and EUR 31.6 billion (8.7% of GDP) in May 2025.<\/p>\n
Romania\u2019s CA deficit had narrowed both nominally and, even more significantly, as a share of GDP between May 2025 and May 2026, alongside a visible moderation in domestic consumption demand. However, higher petroleum product and commodity prices and also stronger outflows of dividends and interest reversed part of the improvement in June-July. Romania also posted its largest monthly CA deficit on record in July, at EUR 3.135 billion.<\/p>\n
The deterioration in the CA balance over the 12 months to July compared with the previous 12-month period was entirely due to the primary and secondary income accounts, as the balance of goods and services improved, with its deficit narrowing from EUR 22.1 billion in the 12 months to July 2025 to EUR 19.4 billion in the 12 months to July 2026. The goods and services balance had improved even more by May 2026, but deteriorated slightly thereafter while still retaining a substantial annual improvement.<\/p>\n
The net outflows under the primary income account – including dividends on foreign direct investment, even when retained and recorded as FDI, as well as interest on external debt and net wage remittances \u2014 increased significantly. The primary income deficit widened by EUR 2.75 billion, to EUR 10.8 billion in the 12 months to July 2026. The secondary income balance also deteriorated, by EUR 1.16 billion, turning into a EUR 300 million deficit.<\/p>\n
FDI has plunged sharply since February to 1.1% of GDP in the 12 months to July.<\/p>\n
The dynamics of foreign direct investment (FDI) are even less encouraging. Rolling 12-month FDI fell to EUR 3.9 billion in July, from EUR 7.8 billion in February. FDI has thus reached its lowest level since the COVID-19 pandemic and, over the past decade, has been lower only during the pandemic crisis.<\/p>","protected":false},"excerpt":{"rendered":"
The rolling 12-month CA deficit reached EUR 30.5 billion, or 7.8% of GDP, in July 2026, from EUR 28.3 billion (7.3% of GDP) in May 2026 and EUR 31.6 billion (8.7% of GDP) in May 2025. Romania\u2019s CA deficit had narrowed both nominally and, even more significantly, as a share of GDP between May 2025 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12008","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12008"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12008\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}