Revised data from the National Institute of Statistics puts the real GDP growth in 2025 at 0.70%, while Q4 2025 contracted by -1.5% YoY. On a quarterly basis, activity declined in Q4 2025 to -1.9% QoQ, seasonally adjusted, confirming a loss of momentum at year-end. Unemployment stands stable at 6.00%.
The government budget balance closed with a deficit of -0.70% of GDP in February (cash standard), more than half of the deficit in February 2025 (-1.58% of GDP). Economic confidence decreased to a low of 92.00 points in March, below‑trend sentiment.
The EUR/RON exchange rate remains stable at around 5.09 in March for the 6th consecutive month. The National Bank of Romania kept the policy rate unchanged at 6.50%, while short‑term money‑market conditions ROBOR 3M slightly increased to 5.87% in March (monthly average). The trade balance deficit was -2.33 bn euro in January, -15.5% compared with the deficit from January 2025.


