Romania - Current Account Balance





Romania: Current Account Balance

Mnemonic TAB.IROU
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 14.97 %
Data 2020 Q4 -3,284
2020 Q3 -3,862

Series Information

Source National Bank of Romania (NBR)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1991
End Date 12/31/2020

Romania: Trade

Reference Last Previous Units Frequency
Current Account Balance 2020 Q4 -3,284 -3,862 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2020 Q4 110,541 100,545 Mil. RON, NSA Quarterly
Imports of Goods and Services 2020 Q4 125,301 111,408 Mil. RON, NSA Quarterly
Net Exports 2020 Q4 -14,760 -10,863 Mil. RON, NSA Quarterly
Real Exports of Goods and Services 2020 Q4 27,672 25,672 Mil. Ch. 2000 RON, NSA Quarterly
Real Imports of Goods and Services 2020 Q4 47,967 48,633 Mil. Ch. 2000 RON, NSA Quarterly
Real Net Exports 2020 Q4 -20,294 -22,960 Mil. Ch. 2000 RON, NSA Quarterly
Balance of Goods 2020 Q3 -5,404,966,256 -4,772,437,647 USD, NSA Quarterly
Exports of Goods 2020 Q3 17,449,223,368 11,741,534,680 USD, NSA Quarterly
Imports of Goods 2020 Q3 22,854,189,625 16,513,972,328 USD, NSA Quarterly

Release Information

From September 2014 onwards, data sets concerning external statistics will be compiled and published according to the new international standards in statistics presented in the IMF’s Balance of Payments and International Investment Position Manual (sixth edition, BPM6) that replaces the previous version of the Manual (fifth edition, BPM5). Further details regarding the main methodological changes and data comparison are available in the Implementing the new Balance of Payments Manual (BPM6) (link to ECB website).

The international methodological standard on balance of payments compilation is ensured by the IMF’s sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). In order to ensure consistence between international macroeconomic statistics, the BPM6 was prepared in line with the revised OECD Benchmark Definition of Foreign Direct Investment (2008 Benchmark Definition) and the System of National Accounts (2008 SNA).

The balance of payments summarizes economic and financial transactions between residents and non-residents of Romania with the rest of the world during a specific time period. It consists of the goods and services account, the primary income account, transfers without a quid pro quo (donations, grants and the like), as well as financial claims and obligations. Its main items are the current account, the capital account, and the financial account.

Data sources:

(i) sample-based or comprehensive direct statistical surveys;

(ii) data collected indirectly, via credit institutions in virtue of Regulation No. 31/2011 on reporting statistical data and information to the National Bank of Romania through Foreign Exchange Payment Orders for customer transactions in an amount equal to or higher than EUR 50,000, or the equivalent thereof, at value date;

(iii) administrative sources.

Data is subject to revisions on a monthly basis.

For more information, please visit: http://www.bnro.ro