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duminică, 17 octombrie 2021 - 17:54

Romania’s CA deficit and FID increased in the first 8 months of 2021

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Romania’s National Bank (BNR) announced on Thursday that the country’s current account deficit increased to €10.15bln in the first 8 months of 2021 compared to the previous year of €6.55bln, according to a press release.

Romania’s foreign direct investments increased to €4,39bln in January – August 2021 compared to the previous year with €1,48bln. The equity (including the estimated net reinvestment of earnings) and intercompany lending recorded a net value of €3.80bln and €591mln respectively.

The breakdown shows that the deficits on trade in goods and on primary income increased by €2.39bln and €587mln respectively. The surplus on secondary income and that on services decreased by €315mln and €309mln respectively.

BNR stated that in the first 8 months of 2021 the total external debt increased by €8.40bln in which:

  • long-term external debt at end of August 2021 amounted to €99.05bln (73.3% of total external debt) increased by 5.9% compared to December 2020.
  • short-term external debt at end of August 2021 amounted to €36.16bln (26.7% of total external debt) increased by 8.7% compared to December 2020.  

Photo: bnr.ro