Government budget balance reached -37.0 in 2018 in Romania, according to the National Statistical Office. This is 27.6 % more than in the previous year.
Historically, government budget balance in Romania reached an all time high of 1.37 in 2014 and an all time low of -44.4 in 2008. When compared to Romania's main peers, government budget balance in Bulgaria amounted to -0.917, -1,159 in Hungary and -86.3 in Ukraine in 2018.
Romania has been ranked 50th within the group of 84 countries we follow in terms of government budget balance, 40 places above the position seen 10 years ago.
A government budget deficit is the amount by which government revenues fall short of government spending (the opposite being a budget surplus).