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Romania Government Budget: Revenues and Spending

Romania Government Budget Data

Indicator Data Period
Government Budget Value -46404 RON Million | -9.915 B USD Aug/23
Government Spending 2676 RON Million | 0.572 B USD 2Q/23
Government Revenues 159414 RON Million | 34.062 B USD Aug/23
Government Budget to GDP -5.8 % 2022
Government Spending to GDP 39.7 % 2022


Latest data on Government Budget Value (RON Million)

Government Budget Value
                     Romania - Historical Data (RON Million)

How much is Romania Government Budget?

  • The deficit of government budget in Romania decreased to 46404 RON Million (9.915 B USD) in August 2023. The maximum surplus was 3487 RON Million and deficit was -105907 RON Million.
  • Data published Monthly by Ministry of Public Finance.

Historical Data (RON Million) by years

Data
Period
Date
-46404 Aug/23 30.09.2023
-43413 Jul/23 29.08.2023
-42405 Jun/23 28.07.2023
-43298 May/23 28.06.2023
-34256 Apr/23 03.06.2023
-28598 Mar/23 08.05.2023
-18740 Feb/23 29.03.2023
-1070 Jan/23 08.03.2023


Historical Chart by presidents (RON Million)

Government Budget Value in Romania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Klaus Iohannis 21.12.2014 - -20245.8000 -12201.7000 3315.9000 -31396.8000 -39.73%
Traian Băsescu 20.12.2004 - 06.07.2012 -1878.1000 -9646.4000 1363.8000 -35173.3000 413.63%
Ion Iliescu 20.12.2000 - 20.12.2004 -2882.7000 -1203.4000 383.5000 -4761.8000 -58.25%
Emil Constantinescu 29.11.1996 - 20.12.2000 -419.8000 -2233.3000 303.1000 -2297.0000 431.99%
Ion Iliescu 22.12.1989 - 29.11.1996 0.7000 -366.3000 25.5000 -366.3000 -52428.57%


Latest data on Government Spending (RON Million)

Government Spending
                     Romania - Historical Data (RON Million)

What is current Romania Government Spending?

  • Government Spending in Romania decreased to 2676 RON Million (0.572 B USD) in the second quarter of 2023. The maximum volume was 3385 RON Million and minimum was 529 RON Million
  • Data published Quarterly by National Statistical Institute.

Historical Data (RON Million) by years

Data
Period
Date
2676 2Q/23 09.09.2023
2827 1Q/23 08.06.2023
2460 4Q/22 09.03.2023
2440 3Q/22 10.12.2022
2308 2Q/22 10.09.2022
2804 1Q/22 11.06.2022
2592 4Q/21 12.03.2022
2589 3Q/21 18.01.2022


Historical Chart by presidents (RON Million)

Government Spending in Romania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Klaus Iohannis 21.12.2014 - 1641.6000 1635.8000 1692.9000 1635.8000 -0.35%
Traian Băsescu 20.12.2004 - 06.07.2012 8.4300 4.6300 8.5000 4.6300 -45.08%


Latest data on Government Revenues (RON Million)

Government Revenues
                     Romania - Historical Data (RON Million)

How much is Romania Government Revenue?

  • Government Revenues in Romania increased to 159414 RON Million (34.062 B USD) in August 2023. The maximum volume was 152477 RON Million and minimum was 3701 RON Million
  • Data published Monthly by Ministry of Public Finance.

Historical Data (RON Million) by years

Data
Period
Date
159414 Aug/23 30.09.2023
138576 Jul/23 29.08.2023
114404 Jun/23 28.07.2023
90091 May/23 28.06.2023
73655 Apr/23 03.06.2023
50275 Mar/23 08.05.2023
34081 Feb/23 29.03.2023
21304 Jan/23 08.03.2023


Historical Chart by presidents (RON Million)

Government Revenues in Romania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Klaus Iohannis 21.12.2014 - 41503.7000 41503.7000 41503.7000 41503.7000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Romania - Historical Data (%)

What is the deficit of Romania Government Budget?

  • The deficit of Current Account to GDP in Romania increased to 5.8 % in 2022. The maximum surplus was 0.5 % and deficit was -9.2 %.
  • Data published Yearly by Ministry of Public Finance.

Historical Data (%) by years

Data
Period
Date
-5.8 2022 13.04.2023
-7.1 2021 03.05.2022
-9.2 2020 22.04.2021
-4.3 2019 28.01.2020
-3 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Romania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Romania - Historical Data (%)

What is Romania government spending ratio to GDP?

  • Government Spending to GDP in Romania decreased to 39.7 % in 2022. The maximum level was 42.4 % and minimum was 33.2 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
39.7 2022 21.04.2023
39.9 2021 20.07.2022
42.4 2020 17.05.2021
36 2019 22.04.2020
35 2018 04.07.2019


Historical Chart by presidents (%)

Government Spending to GDP in Romania by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Romania

Index Updated Actual Previous
Government Debt to GDP 2022 47.3 % 48.6
Fiscal Expenditure  Aug/23 43.977 B USD 38.886
Military Expenditure 2022 5.187 B USD 5.3

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2022 -3.2 % -5.8
Ireland 2022 1.6 % -1.6
Luxembourg 2022 0.2 % 0.7
Spain 2022 -4.8 % -6.9
Iceland 2022 -4.3 % -8.4
Norway 2022 26 % 10.6
Belarus 2021 -0.3 % -1.3
Belgium 2022 -3.9 % -5.5
Bulgaria 2022 -2.8 % -3.9
Croatia 2022 0.4 % -2.5
Cyprus 2022 2.1 % -2
Czech Republic 2022 -3.2 % -5.1
Denmark 2022 3.3 % 3.6
Estonia 2022 -0.9 % -2.4
Euro Area 2022 -3.6 % -5.3
Finland 2022 -0.9 % -2.8
France 2022 -4.7 % -6.5
Germany 2022 -2.6 % -3.7
Greece 2022 -2.3 % -7.1
Hungary 2022 -6.2 % -7.1
Italy 2022 -8 % -9
Latvia 2022 -4.4 % -7.1
Lithuania 2022 -0.6 % -1.2
Macedonia 2022 -4.1 % -5.4
Malta 2022 -5.8 % -7.8
Moldova 2022 -3.3 % -2.6
Montenegro 2022 -4.6 % -1.7
Netherlands 2022 0 % -2.4
Poland 2022 -3.7 % -1.8
Portugal 2022 -0.4 % -2.9
Romania 2022 -5.8 % -7.1
Russia 2022 -2.3 % 0.8
Serbia 2022 -3.3 % -4.6
Slovakia 2022 -2 % -5.4
Slovenia 2022 -3 % -4.6
Sweden 2022 0.7 % 0
Switzerland 2022 1 % -0.3
Turkey 2022 -0.9 % -2.8
Ukraine 2022 -16.3 % -3.4
United Kingdom 2022 -5.5 % -5.2
Albania 2022 -3.8 % -4.5
Bosnia and Herzegovina 2022 -0.4 % -0.3
Kosovo 2021 -0.9 % -7.6