The National Bank of Romania (BNR) announced on Monday that Romania’s current account deficit in January-July increased to EUR 9,057bln, compared to the same period last year of EUR 5,350bln, according to a press release.
The report shows that the deficits on trade in goods and on primary income increased by EUR 2,321bln and EUR 854mln, respectively. The surplus on services and the secondary income decreased by EUR 267mln and EUR 265mln, respectively.
In Romania, the non-residents’ direct investment between January- July 2021 totalled EUR 3,962bln compared to the previous year with EUR 1,222bln.
The equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 3,353bln and EUR 609mln, respectively.
The total external debt increased by EUR 6,058mln in January July 2021 and the long-term external debt at the end of July 2021 totalled EUR 95,931mln (72.7% of total external debt), an increase of 3.3% compared to December 31, 2020.