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Romania's c/a deficit surges 85% in 2017

Romania's c/a deficit surges 85% in 2017 Bragin Alexey/Shutterstock.com

BUCHAREST (Romania), February 13 (SeeNews) - Romania's current account balance showed a deficit of 4.464 billion euro ($5.508 billion) in 2017, compared to a gap of 3.498 billion euro a year earlier, the central bank said on Tuesday, citing provisional data.

The deficit in trade in goods grew by 2.77 billion euro and the gap in primary income widened to 566 million euro. The surplus in services and in secondary income increased by 239 million euro and 135 million euro respectively.

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

  2017 2016
Current
account
-6.464 -3.498
- goods balance -12,028 -9.254
- services balance 7,962 7,723
- primary income -5,033 -4,467
- secondary income 2,635 2,500

($= 0.8103 euro)

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