Fiscal Policy / WORLD

Romania’s deficit narrows to 7.8% of GDP in 2025

Eurostat reported that Romania’s government deficit fell from 9.2% of GDP in 2024 to 7.8% in 2025. Even after the decline, Romania had the EU’s largest deficit relative to GDP in 2025.

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Government debt rose over the same period, from 54.6% to 58.9% of GDP. The figures come from Eurostat’s excessive deficit procedure notification published on 21 October.

Data

Table

Romanian government deficit and debt

Percent of GDP, 2024 and 2025

Government deficit, 2024-9.2
Government deficit, 2025-7.8
Government debt, 202454.6
Government debt, 202558.9
Methodology

Eurostat excessive deficit notification dated 21 October 2026; deficit figures retain the negative sign used for government deficit. Negative values in deficit rows indicate the government financial deficit; debt is a positive stock.

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  • Romania · Place role: Coverage · Place type: Country or area · Location precision: Regional
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