Where Romania's public money comes from and goes

The state collects taxes and contributions and spends more than it collects; the difference is the deficit. Here is where the money comes from, where it goes, and how that compares.

The live view

BUDG_03

Revenue and spending

% of GDP · general government, ESA, annual · the gap between the lines is the deficit
RevenueSpending
Source: EUROSTAT · 2025

ESA deficit, last full year

−7.9%

Eurostat's figure: the one the EU's 3% limit applies to.

Source: EUROSTAT · 2025

Cash deficit, year to date

−2.34%

The Finance Ministry's monthly figure, counted as money moves. It starts again every January.

Source: MF · July 2026
LEI_02

Where 100 lei come from, and where they go

Where 100 lei of revenue come from

lei out of every 100 the state collects · ESA, 2025
Source: EUROSTAT · 2025

Where 100 lei of spending go

lei out of every 100 the state spends, by function (COFOG) · 2024
Source: EUROSTAT · 2024
PEER_03

Against the neighbours

Revenue

% of GDP · ESA, annual
  1. Poland43.6%
  2. Hungary42.6%
  3. Czechia41.0%
  4. Bulgaria38.1%
  5. Romania35.4%
Source: EUROSTAT · 2025

Spending

% of GDP · ESA, annual
  1. Poland50.9%
  2. Hungary47.3%
  3. Romania43.3%
  4. Czechia43.2%
  5. Bulgaria41.7%
Source: EUROSTAT · 2025

Interest paid

% of GDP · interest paid on government debt
  1. Bulgaria0.8%
  2. Czechia1.3%
  3. Poland2.5%
  4. Romania2.8%
  5. Hungary3.8%
Source: EUROSTAT · 2025

Background

Two deficits. The ESA deficit is the European measure: it counts revenue and spending when they fall due, covers the whole of government, and is the figure the EU’s 3% limit applies to. Eurostat publishes it once a year. The Finance Ministry’s cash deficit counts money as it moves, month by month from January; it arrives much sooner, but the two don’t match.

Where the money goes. Spending by function follows the UN’s COFOG classification, the same for every EU country. Social protection — pensions above all — is the largest part everywhere in the region. These figures come a year after the totals, so the “where it goes” chart can be a year behind the others.

Interest. Interest on the public debt is spending that buys nothing new. It rises with the debt and with the rate the state borrows at, which is how deficits and ratings end up in it.

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