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Government Finance of Romania

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.5% 8.6% 38.3% 40.7%
  • Personal income taxes: 10.5%
  • Corporate income taxes: 8.6%
  • Social security contributions: 38.3%
  • Property taxes: 1.8%
  • Goods and services taxes: 40.7%
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Personal income taxes
10.5%
Corporate income taxes
8.6%
Social security contributions
38.3%
Property taxes
1.8%
Goods and services taxes
40.7%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 61.9% #71 / 184 2026
Government Gross Debt (Local currency - RON) 1.29T - 2026
Government Net Debt (% of GDP) 51.6% #35 / 86 2026
Government Net Debt (Local currency - RON) 1.07T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -6.2% #159 / 189 2026
Fiscal Balance (Local currency - RON) -130B - 2026
Primary Fiscal Balance (% of GDP) -3.4% #153 / 182 2026
Primary Fiscal Balance (Local currency - RON) -69.9B - 2026

Revenue and Spending

Government Revenue (% of GDP) 33.5% #58 / 189 2026
Government Revenue (Local currency - RON) 695B - 2026
Government Spending (% of GDP) 39.7% #54 / 189 2026
Government Spending (Local currency - RON) 825B - 2026

International Reserves

Total Reserves (USD) 73.4B #35 / 163 2024

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