Cash surplus/deficit (% of GDP) for Romania
CASHBLROA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.66
Year-over-Year Change
-97.28%
Date Range
1/1/1981 - 1/1/2014
Summary
The cash surplus/deficit (% of GDP) for Romania measures the difference between government revenue and expenditure as a percentage of the country's total economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend provides insight into the fiscal health and sustainability of Romania's government finances. It is an important indicator used by economists, policymakers, and financial analysts to assess the government's ability to manage its budget and debt levels.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
The cash surplus/deficit trend helps inform macroeconomic and fiscal policy decisions in Romania and the broader European Union.
Key Facts
- Romania's cash deficit was 2.8% of GDP in 2021.
- The country has set a goal of reducing its deficit to 3% of GDP by 2024.
- Improving the cash balance is crucial for Romania's economic stability and EU accession.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for Romania measures the difference between the government's total revenue and total expenditure as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the fiscal health and sustainability of the Romanian government's finances, which is crucial for economic stability, policymaking, and Romania's accession to the European Union.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: The cash surplus/deficit trend helps inform macroeconomic and fiscal policy decisions in Romania and the broader European Union, as it reflects the government's ability to manage its budget and debt levels.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, but there may be some delays in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Romania (CASHBLROA188A), retrieved from FRED.