Romania - Current Account Balance





Romania: Current Account Balance

Mnemonic TAB.IROU
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 45.21 %
Data 2019 Q1 -1,212
2018 Q4 -2,212

Series Information

Source National Bank of Romania (NBR)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1991
End Date 3/31/2019

Romania: Trade

Reference Last Previous Units Frequency
Current Account Balance 2019 Q1 -1,212 -2,212 Mil. EUR, NSA Quarterly
Balance of Goods 2018 Q4 -5,768,335,986 -4,307,241,733 USD, NSA Quarterly
Exports of Goods 2018 Q4 17,607,199,706 17,867,280,783 USD, NSA Quarterly
Exports of Goods and Services 2018 Q4 98,530 98,103 Mil. RON, NSA Quarterly
Imports of Goods 2018 Q4 23,375,290,804 22,174,522,516 USD, NSA Quarterly
Imports of Goods and Services 2018 Q4 111,998 105,725 Mil. RON, NSA Quarterly
Net Exports 2018 Q4 -13,468 -7,622 Mil. RON, NSA Quarterly
Real Exports of Goods and Services 2018 Q4 34,090 35,865 Mil. Ch. 2000 RON, NSA Quarterly
Real Imports of Goods and Services 2018 Q4 49,604 53,242 Mil. Ch. 2000 RON, NSA Quarterly
Real Net Exports 2018 Q4 -15,514 -17,376 Mil. Ch. 2000 RON, 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