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Romania's c/a deficit jumps 57% y/y to 15 bln euro in Jan-Nov

Romania's c/a deficit jumps 57% y/y to 15 bln euro in Jan-Nov Source: BNR

BUCHAREST (Romania), January 13 (SeeNews) - Romania recorded a current account deficit of 15.3 billion euro ($17.4 billion) in the first eleven months of 2021, compared to 9.753 billion euro in the same period of last year, the central bank said on Thursday, citing provisional data.

The breakdown shows that the deficits on trade in goods and on primary income widened by 3.895 billion euro and 784 million euro, respectively, the BNR said in a monthly report.

Also, the surplus on services and that on secondary income decreased by 515 million euro and 366 million euro, respectively.

Romania recorded a current account deficit of 10.983 billion euro in 2020, compared to a 10.480 billion euro gap in the same period of the previous year.

Details on Romania's current account balance follow (in millions of euro):

Jan-Nov'21 Jan-Nov'20
Current account -15,313 -9,753
- goods balance -20,772 -16,877
- services balance 8,263 8,269
- primary income -3,791 -3,007
- secondary income 987 1,502

($= 0.8725 euro)

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