Money in and out of Romania

Romania buys more from abroad than it sells, and the gap has to be paid for — by foreign investment, EU money, remittances or borrowing. Here is the gap and what fills it.

The live view

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Current account

Current account

% of GDP, quarterly, not seasonally adjusted · compare a quarter with the same quarter a year earlier
RomaniaPolandHungaryCzechiaBulgaria
Source: EUROSTAT · Q2 2026

What makes up Romania's current account

% of GDP, quarterly · the goods deficit, the services surplus and the balance of everything
GoodsServicesCurrent account
Source: EUROSTAT · Q2 2026
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Foreign direct investment received

Foreign direct investment received

% of GDP, quarterly · Romania only: new capital, reinvested profits and loans from foreign owners. The neighbours' quarterly figures swing by hundreds of % of GDP with money routed through holding companies
Source: EUROSTAT · Q2 2026

Remittances received by Romania

million euro a year · transfers from people working abroad, and pay earned abroad
Source: EUROSTAT · 2024
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Against the neighbours

Current account

% of GDP · latest quarter all five have published
  1. Hungary−0.5%
  2. Poland−2.7%
  3. Czechia−3.0%
  4. Romania−8.0%
  5. Bulgaria−8.2%
Source: EUROSTAT · Q2 2026

Goods and services balance

% of GDP · latest quarter all five have published
  1. Czechia4.7%
  2. Hungary3.3%
  3. Poland2.4%
  4. Bulgaria−3.4%
  5. Romania−5.2%
Source: EUROSTAT · Q2 2026

What changed

15 Sept 2026InvestmentannouncedUS Ballistic

US Ballistic signs to invest $25 million in 155 mm ammunition production at UM Sadu

US Ballistic, an American company, signed a contract on 15 September in Târgu Jiu with Uzina Mecanică Sadu, a state-owned plant, to produce NATO-standard 155 mm artillery ammunition there, interim Defence Minister Radu Miruță announced. The company is to invest $25 million over five years, including in warehouses, roads and utility networks that remain the property of UM Sadu, and to hire about 150 people in the first two years. According to the minister, UM Sadu will also receive about €20 million in rent over ten years.

15 Sept 2026InvestmentannouncedNofar Energy

Nofar Energy to spend €103 million on battery storage at two Romanian solar parks

Nofar Energy, an Israeli developer, said on 15 September that it had signed an agreement with an international supplier for battery storage systems totalling 1.09 GWh at two solar projects it is building in Romania, for about €103 million. Valter Mărăcineanu (178 MW of solar) gets 650 MWh of storage for about €57 million, and Corbii Mari (282 MW) gets 440 MWh for about €46 million. Equipment deliveries are due to start in 2027, and both solar projects are due to be completed in the third quarter of 2027.

Background

The current account adds up everything Romania earns from the rest of the world in a quarter and everything it pays: exports and imports of goods and services, income such as profits and interest, and current transfers such as remittances. A deficit means the country spends more abroad than it earns, and capital coming in covers the difference.

Goods and services. Romania runs a large deficit on goods and a surplus on services, such as IT and transport. The goods gap is the bigger one, so trade as a whole is in deficit.

What fills the gap. Foreign direct investment is money that comes to stay: new companies, expansions, profits that foreign owners reinvest. It is steadier than borrowing, but a quarter can swing with one large deal, and some countries show jumps from money routed through holding companies.

Seasons. The quarterly figures here are not seasonally adjusted, which is how Eurostat publishes them for these countries. Compare a quarter with the same quarter a year earlier, not with the one before.

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