National Bank of Romania
In January, the current account deficit amounted to €977 million (the lowest since January 2023). In February, the deficit amounted to €2.32 billion, also below the level of February of the previous year (€2.54 billion).
Foreign direct investment (FDI) rose to €1.13 billion compared to €854 million in the same period last year. Romania’s long-term external debt amounted to €182.52 billion at the end of February, up 1.2% from the end of 2025.
The country’s long-term external debt amounted to €182.52 billion, up 1.2% compared to the end of 2025.
There is a positive trend in the reduction of the gap in foreign trade operations, compared to last year.
The trade balance in January-February is in a recovery trend. The trade deficit, which affects the balance of payments, shows a decline at the beginning of the year. The deficit decreased to €4.76 billion (€5.64 billion a year earlier), contributing to the recovery of the current account balance.
Exports amounted to €14.87 billion (down 1.7%).
Imports amounted to €19.63 billion (down 5.5%).
The decrease in the deficit was primarily due to the narrowing of the trade gap in goods and the significant increase in the secondary income surplus (transfers) at the beginning of the year. The reduction of the current account deficit contributes to reducing the vulnerability of the Romanian economy to external shocks.
