Gross debt in Romania

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Romania in the period from 1998 to 2019 was between 5.4 bn and 87.4 bn USD. The highest level of the last years at 87.45 bn US Dollar was reached in 2019.

Based on the number of inhabitants, this is in Romania a debt of 4,514 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrRomania totalRomania per capitaEU per capita
19985.39 bn USD240 USD12,387 USD
19996.96 bn USD310 USD12,342 USD
20006.96 bn USD310 USD10,778 USD
20019.78 bn USD442 USD10,717 USD
200210.17 bn USD468 USD11,593 USD
200311.66 bn USD541 USD14,402 USD
200414.64 bn USD682 USD16,970 USD
200515.42 bn USD723 USD17,846 USD
200615.80 bn USD746 USD18,591 USD
200719.36 bn USD927 USD20,509 USD
200824.35 bn USD1,186 USD23,520 USD
200938.07 bn USD1,869 USD25,266 USD
201048.69 bn USD2,405 USD30,683 USD
201161.16 bn USD3,036 USD34,278 USD
201263.53 bn USD3,167 USD33,161 USD
201370.96 bn USD3,551 USD35,247 USD
201477.70 bn USD3,903 USD36,694 USD
201566.01 bn USD3,331 USD31,489 USD
201669.64 bn USD3,534 USD31,202 USD
201773.03 bn USD3,728 USD32,052 USD
201883.72 bn USD4,299 USD33,816 USD
201987.45 bn USD4,514 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      Romania       European Union

Budget deficit in Romania

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget deficit in Romania in the period between 1998 and 2019 varied between 814.64 m Euro and 15.83 bn Euro. In 2019 was reached a balance of -11 bn Euro.

In ratio to population, this equals a new indebtedness of 563 Euro per capita in Romania only in 2019. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.

Budget deficit of the past 21 years

JahrRomania totalRomania per capitaEU per capita
1998-1,333.69 M USD-59 USD-350 USD
1999-1,588.79 M USD-71 USD-180 USD
2000-1,752.35 M USD-78 USD98 USD
2001-1,417.47 M USD-64 USD-263 USD
2002-920.07 M USD-42 USD-496 USD
2003-889.35 M USD-41 USD-738 USD
2004-834.66 M USD-39 USD-808 USD
2005-814.64 M USD-38 USD-722 USD
2006-2,626.21 M USD-124 USD-499 USD
2007-4,774.82 M USD-229 USD-315 USD
2008-11,542.99 M USD-562 USD-951 USD
2009-15,825.12 M USD-777 USD-2,252 USD
2010-11,507.34 M USD-568 USD-2,486 USD
2011-9,979.53 M USD-495 USD-1,907 USD
2012-6,246.70 M USD-311 USD-1,689 USD
2013-4,017.37 M USD-201 USD-1,354 USD
2014-2,382.27 M USD-120 USD-1,226 USD
2015-1,089.09 M USD-55 USD-871 USD
2016-4,940.32 M USD-251 USD-620 USD
2017-5,599.92 M USD-286 USD-406 USD
2018-7,088.95 M USD-364 USD-288 USD
2019-10,908.07 M USD-563 USD-332 USD

(negative numbers = deficit)